John Perry (Sligo-Leitrim, Fine Gael)
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Question 538: To ask the Minister for Finance if he will waive or reduce the charges associated with a transfer in view of that fact that the site is being transferred to a third generation family member who recently married (details supplied); and if he will make a statement on the matter. [29648/06]

Brian Cowen (Laois-Offaly, Fianna Fail)
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I am advised by the Revenue Commissioners that, in the case referred to by the Deputy, the site was transferred jointly by a grandmother and her daughter to the daughter's child. The stamp duty payable was reduced by fifty percent as all parties to the transfer were related.

In order to avail of full relief, the transferee would have to be a child of the person who immediately before the transfer was entitled to the entire beneficial interest in the site. As the beneficial interest was shared between the grandmother and her daughter prior to the transfer, full relief is not available in this case.