Finian McGrath (Dublin North Central, Independent)
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Question 238: To ask the Minister for Finance if he will support a matter in relation to a person (details supplied) in Dublin 3. [48078/08]

Brian Lenihan Jnr (Dublin West, Fianna Fail)
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I am advised by the Revenue Commissioners that the taxpayer's letter of appeal was received just marginally outside the two month statutory time limit. In view of this fact the Revenue Commissioners have decided to accept his letter of appeal. The case will be reviewed by a designated officer and his decision will be communicated directly to the taxpayer shortly. I am also advised that if the taxpayer is dissatisfied with the outcome of this appeal, he may apply to have the case heard by the Appeal Commissioners by sending a request for a hearing to the VRT Appeals Officer, Office of the Revenue Commissioners, Dublin Port District, New Custom House, Promenade Road, Dublin 3, within 30 days of receipt of the designated officer's decision.

John Perry (Sligo-North Leitrim, Fine Gael)
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Question 239: To ask the Minister for Finance if he will ensure that inheritance tax for a person (details supplied) in County Sligo can be frozen until sale of property in this person's name can be sold; if it is possible to have the property revalued in view of the fact that the value of the house has dropped considerably since initial valuation took place; and if he will make a statement on the matter. [48120/08]

Brian Lenihan Jnr (Dublin West, Fianna Fail)
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I am advised by the Revenue Commissioners that the solicitor for the person in question was requested on 17 April 2007 to return a completed Form IT 38. This Form is still awaited and it is needed to determine the valuation date and the value of the property in question so as to calculate the amount of Capital Acquisitions Tax due. Based on the information available, 1) it appears that there is a significant amount of Capital Acquisitions Tax due, on which interest has accrued and is continuing to accrue; 2) the question of deferring payment until the property is sold does not appear to arise, but there are provisions for payment over a period, if circumstances are suitable. The person in question is advised to arrange the submission, at the earliest opportunity, of the completed Form IT 38 to: Sligo Revenue District, Government Offices, Cranmore Road, Sligo.