{"id":550,"date":"2025-07-16T02:17:23","date_gmt":"2025-07-16T02:17:23","guid":{"rendered":"http:\/\/erinpatrickdesigns.com\/moftcig\/?p=550"},"modified":"2026-01-19T20:15:10","modified_gmt":"2026-01-19T20:15:10","slug":"dalvan-museum-street-art-view-2","status":"publish","type":"post","link":"https:\/\/gov.tc\/mof\/dalvan-museum-street-art-view-2\/","title":{"rendered":"PUBLIC NOTICE: Transition of Share Transfer Duty Administration"},"content":{"rendered":"\t\t<div data-elementor-type=\"wp-post\" data-elementor-id=\"550\" class=\"elementor elementor-550\">\n\t\t\t\t<div class=\"elementor-element elementor-element-56b6f8e e-flex e-con-boxed e-con e-parent\" data-id=\"56b6f8e\" data-element_type=\"container\" data-e-type=\"container\">\n\t\t\t\t\t<div class=\"e-con-inner\">\n\t\t\t\t<div class=\"elementor-element elementor-element-eacb760 elementor-widget elementor-widget-text-editor\" data-id=\"eacb760\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t\t\t\t\t\t<p style=\"font-weight: 400;\"><strong><em>Providenciales, Turks and Caicos Islands, 16th July 2025 \u2013 <\/em><\/strong>The Ministry of Finance hereby advises that effective July 01, 2025, the administration and processing of Share Transfer Duty under the Land Holding Companies (Transfer Duty) Ordinance, is to commence transition to the Ministry of Finance from the Financial Services Commission.<\/p>\n<p style=\"font-weight: 400;\"><strong>KEY PROCESS CHANGES<\/strong><\/p>\n<p style=\"font-weight: 400;\"><strong style=\"text-align: var(--text-align); letter-spacing: 0px;\"><u>Submission Address<\/u><\/strong><\/p>\n<ul style=\"font-weight: 400;\">\n<li>All Share Transfer Duty submissions must now be made to the Ministry of Finance via email &#8211; <a href=\"mailto:mofti@gov.tc\">mofti@gov.tc<\/a> or hard copy.<\/li>\n<\/ul>\n<p style=\"font-weight: 400;\">\u00a0<\/p>\n<p style=\"font-weight: 400;\"><strong><u>Submission Requirements <\/u><\/strong><\/p>\n<p style=\"font-weight: 400;\"><span style=\"text-align: var(--text-align); letter-spacing: 0px;\">All submissions must include the following:<\/span><\/p>\n<ul style=\"font-weight: 400;\">\n<li>Cover letter<\/li>\n<li>Two (2) completed Return Forms in accordance with statutory requirements<\/li>\n<li>Documents in support of the declared value<\/li>\n<\/ul>\n<p style=\"font-weight: 400;\">\u00a0<\/p>\n<p style=\"font-weight: 400;\"><strong><u>Valuation and Payment Procedure<\/u><\/strong><strong style=\"text-align: var(--text-align); letter-spacing: 0px;\"><u>\u00a0<\/u><\/strong><\/p>\n<ul style=\"font-weight: 400;\">\n<li>Once the Ministry of Finance has reviewed the submission and confirmed the applicable share transfer value, a voucher for payment will be issued to the applicant.<\/li>\n<li>Upon confirmation of payment, the Ministry of Finance will certify the Return Form as paid in order to finalise the transaction.<\/li>\n<li>A copy of the Return Form, certified as paid, will be forwarded to the FSC for registry update.<\/li>\n<\/ul>\n<p style=\"font-weight: 400;\">\u00a0<\/p>\n<p style=\"font-weight: 400;\"><strong><u>Contact Information<\/u><\/strong><\/p>\n<p style=\"font-weight: 400;\">For further details and queries please contact:<\/p>\n<p style=\"font-weight: 400;\">Stamp\/Share Transfer Duty Unit<br \/><span style=\"letter-spacing: 0px; text-align: var(--text-align);\">Ministry of Finance<br \/><\/span>Government Complex, Grand Turk<\/p>\n<p style=\"font-weight: 400;\">Phone: 1-649-338-3753<br \/>Email: <a href=\"mailto:ajharvey@gov.tc\">ajharvey@gov.tc<\/a>; <a href=\"mailto:cfoster@gov.tc\">cfoster@gov.tc<\/a>; <a href=\"mailto:mofti@gov.tc\">mofti@gov.tc<\/a> \u00a0<\/p>\n<p style=\"font-weight: 400;\"><strong>Detailed process changes are explained in the attached document. Persons are encouraged to familiarize themselves with the relevant changes for future submissions.<\/strong><\/p>\n<p style=\"font-weight: 400;\">\u00a0<\/p>\n<p style=\"font-weight: 400;\"><strong>ENDS<\/strong><\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t","protected":false},"excerpt":{"rendered":"<p>The Ministry of Finance hereby advises that effective July 01, 2025, the administration and processing of Share Transfer Duty under the Land Holding Companies (Transfer Duty) Ordinance, is to commence transition to the Ministry of Finance from the Financial Services Commission.<\/p>\n","protected":false},"author":1,"featured_media":7717,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"give_campaign_id":0,"_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0,"footnotes":""},"categories":[16,17],"tags":[23,28,29],"class_list":["post-550","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-ministry-of-finance","category-public-notice","tag-city","tag-road","tag-smart-city"],"aioseo_notices":[],"_links":{"self":[{"href":"https:\/\/gov.tc\/mof\/wp-json\/wp\/v2\/posts\/550","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/gov.tc\/mof\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/gov.tc\/mof\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/gov.tc\/mof\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/gov.tc\/mof\/wp-json\/wp\/v2\/comments?post=550"}],"version-history":[{"count":8,"href":"https:\/\/gov.tc\/mof\/wp-json\/wp\/v2\/posts\/550\/revisions"}],"predecessor-version":[{"id":7166,"href":"https:\/\/gov.tc\/mof\/wp-json\/wp\/v2\/posts\/550\/revisions\/7166"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/gov.tc\/mof\/wp-json\/wp\/v2\/media\/7717"}],"wp:attachment":[{"href":"https:\/\/gov.tc\/mof\/wp-json\/wp\/v2\/media?parent=550"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/gov.tc\/mof\/wp-json\/wp\/v2\/categories?post=550"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/gov.tc\/mof\/wp-json\/wp\/v2\/tags?post=550"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}