Obligation to pay the Central Equal Weight Sharing Body Fee (K.F.I.K.B.) 0.4%
We would like to inform you that, the Department of Taxation has proceeded to send a notice of the tax liability of the K.F.I.K.B. to persons who, during the period 22/02/2021 to 18/11/2022, proceeded to the transfer of immovable property following a sale. The relevant notice grants a period until 31/12/2023 for payment of the FFT without the imposition of penalties and interest.
Please note that, those who have transferred real property following a sale during the above period and have not received the relevant notice of debt, should either search for the relevant debt on the Tax Portal – ‘’List of Debts’’ and proceeded to payment or visit the local District Offices of the Tax Department, presenting all the necessary information for settlement of the debt.
Payments are made through the Tax Portal (by internet banking based on the payment reference number or by credit/debit card).