(ii) State when the inheritance tax (IHT) calculated in (i) would be payable and by whom. (2 marks)

[试题](b) Calculate the inheritance tax (IHT) liability arising as a result of Christopher’s death. (11 marks)

[试题](c) (i) Explain the inheritance tax (IHT) implications and benefits of Alvaro Pelorus varying the terms of hisfather’s will such that part of Ray Pelorus’s estate is left to Vito and Sophie. State the date by which adeed of variation would need to be

[试题](ii) State, giving reasons, the tax reliefs in relation to inheritance tax (IHT) and capital gains tax (CGT) whichwould be available to Alasdair if he acquires the warehouse and leases it to Gallus & Co, rather than toan unconnected tenant. (4 mar

[试题](c) The inheritance tax payable by Adam in respect of the gift from his aunt. (4 marks)A．dditional marks will be awarded for the appropriateness of the format and presentation of the memorandum andthe effectiveness with which the information is commun

[试题](b) (i) Calculate the inheritance tax (IHT) that will be payable if Debbie were to die today (8 June 2005).A．ssume that no tax planning measures are taken and that there has been no change in the value of anyof the assets since David’s death. (4 marks

[试题](c) State the tax consequences for both Glaikit Limited and Alasdair if he borrows money from the company, asproposed, on 1 January 2006. (3 marks)

[试题](b) State the immediate tax implications of the proposed gift of the share portfolio to Avril and identify analternative strategy that would achieve Crusoe’s objectives whilst avoiding a possible tax liability in thefuture. State any deadline(s) in co

[试题](iii) State the value added tax (VAT) and stamp duty (SD) issues arising as a result of inserting Bold plc asa holding company and identify any planning actions that can be taken to defer or minimise these taxcosts. (4 marks)You should assume that the

[试题](ii) Comment on the figures in the statement prepared in (a)(i) above. (4 marks)

[试题](ii) State the taxation implications of both equity and loan finance from the point of view of a company.(3 marks)