An 18th-century portrait of the 5th Earl of Carlisle by Sir Joshua Reynolds has been accepted by the British Government in lieu of a £4.7 million inheritance tax bill, the Guardian reports.  “A glamorous portrait in oil of the earl and his beloved dog Rover, it is an outstanding example of the type of painting for which Reynolds is most highly acclaimed,” Tate Britain’s director, Alex Farquharson said.  “I am delighted that this work will now enter the national collection, the greatest collection of British art in the world.”Read more at The Guardian

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