1) Is
Schedule 8 required for an airspace?
No, a Schedule 8 is not required for an air
space. Schedule 8 is only required for
residential property.
2) Is a
copy of the Causa Mortis required when I present a Sale deriving from
inheritance?
No, if the copy of Deed of Causa Mortis was
already filed, there is no need to file it again.
3) For
Liquidation Deed of a company whereby immovable property is being transferred
to its shareholder, is a Land Registry Plan needed when submitting the tax
forms?
If a full exemption of any kind is issued
by the Department or the Commissioner for Revenue regarding the transfer, then
a Land Registry Plan is not required.
4) Do
you accept the Share Transfer forms if neither of the triplicate forms is an
‘Original’?
No, it is not acceptable.
5) If a
Rule 10 is required and the selling Tax Payer has arrears to settle before the
deed is done, do the arrears have to be settled at the CTD Offices?
Arrears indicated on a Rule 10 have to be paid via Online Payment on the IRD website
within the stipulated time limit indicated on Rule 10.
6) Do I
need a Land Registry Plan/Schedule 8 were the Government/Government entities
are involved as either of the parties?
No, in such cases it is not required.