选择题：(ii) Explain why Galileo is able to pay the inheritance tax due in instalments,

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(ii) Explain why Galileo is able to pay the inheritance tax due in instalments, state when the instalments are

due and identify any further issues relevant to Galileo relating to the payments. (3 marks)

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(b) Explain why making sales of Sabals in North America will have no effect on N

(b) Explain why making sales of Sabals in North America will have no effect on Nikau Ltd’s ability to

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(ii) The shares held in Date Inc and the dividend income received from that comp

(ii) The shares held in Date Inc and the dividend income received from that company. (7 marks)

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5 (a) Carver Ltd was incorporated and began trading in August 2002. It is a clos

5 (a) Carver Ltd was incorporated and began trading in August 2002. It is a close company with no ass

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3 On 1 January 2007 Dovedale Ltd, a company with no subsidiaries, intends to pur

3 On 1 January 2007 Dovedale Ltd, a company with no subsidiaries, intends to purchase 65% of the ordi

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(c) Without changing the advice you have given in (b), or varying the terms of L

(c) Without changing the advice you have given in (b), or varying the terms of Luke’s will, explain h

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