Noel Grealish (Galway West, Independent)
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To ask the Minister for Finance if he will clarify a statement he made that the liability date for local property tax from 2014 will be 1 November in the preceding year; if that means persons who sell their property between 1 November 2013 and 31 December 2013 will be liable for the 2014 liability even though they will not own the property; and if he will make a statement on the matter. [15500/13]

Michael Noonan (Limerick City, Fine Gael)
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The Finance (Local Property Tax) Act 2012 (as amended) sets out how the tax is to be administered and provides that a liability for Local Property Tax (LPT) will arise where a person owns a residential property on the liability date. For the year 2013, the liability date is 1 May 2013, and for the year 2014 the liability date is 1 November 2013. This means that the owner of a residential property on 1 May 2013, is liable for LPT on that property for 2013 and, the owner of the property on 1 November 2013 is liable for the 2014 LPT charge. Therefore Deputy, in relation to the specific circumstances posed by you in your question, a liable person who sells his or her residential property between 1 November 2013 and 31 December 2013, provided that they owned the property on 1 November 2013, will be liable to pay LPT on that property for 2014. They will have no liability for LPT on that residential property beyond 2014.

I am informed that the LPT charge must be paid by the vendor to the Revenue Commissioners at the time of the sale of the property in question. I am informed by the Revenue Commissioners that they are developing detailed guidelines on LPT issues that arise in the context of the transfer of residential property. These guidelines will be subject to discussions with the Law Society under the auspices of the Tax Administration Liaison Committee.