Multiple Choice
Which of the following statements exemplifies the ability of a settlor to use a trust to in relation to levels of taxation?
A) A trust can be used to avoid any tax payments whatsoever.
B) A trust can be used to help reduce any tax payments, but it is increasingly difficult to do so
C) A trust can only be used to avoid or minimise payments of inheritance tax.
D) A trust can be used to minimise liability to all taxes, except capital gains tax.
Correct Answer:

Verified
Correct Answer:
Verified
Q4: Which of the following is true in
Q5: Which of the following statements is incorrect
Q6: Which of the following best describes the
Q7: Which of the following is not a
Q8: Which of the following statements is true?<br>A)
Q10: Which of the following statements is true
Q11: Connie and Prunella are the adult beneficiaries
Q12: Which of the following is not a
Q13: Which of the following is not a
Q14: Which of the following situations does not