Patrick O'Donovan (Limerick, Fine Gael)
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51. To ask the Minister for Finance further to Parliamentary Question No. 69 of 25 June 2014 if he will provide an update (details supplied); and if he will make a statement on the matter. [31717/14]

Michael Noonan (Limerick City, Fine Gael)
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Liability to the various taxes are determined by the Revenue Commissioners based on the full facts in each case.

I previously dealt with this issue in Question 27555-14 and the reply was based on the clear understanding (from the details supplied with the Deputies Question and from previous direct contact by the property owner with LPT Branch) that she inherited one-eight share of the property from the estate of her late mother before 1 May 2013 and subsequently purchased the remaining seven-eights from her siblings. On that basis, the person was deemed to be a joint owner of the property on the 'liability date' and therefore not entitled to an exemption under Section 8 of the legislation.

The details supplied with this Question now suggest  that the person in question did not actually inherit any share in the property until after the sale was completed. To allow Revenue to conclusively determine whether there is entitlement to an exemption from LPT, the person in question needs to clarify the exact circumstances and timing of her inheritance and subsequent purchase of the remaining shares in the property. Her clarification should include appropriate supporting documentation such as a copy of the Will or some other evidence confirming the form of the inheritance. To expedite the issue, a member of the LPT team will make direct contact with the Deputy's office to confirm a contact point in Revenue to which the person should send the required documentation.