Circular No. 13158/BTC-VP of the Ministry of Finance corrects the auction fee rate for assets stipulated in Circular No. 96/2006/TT-BTC. The fee rate changes based on the value of the sold asset, specifically, from one billion VND upwards, a fixed rate applies with an additional 0.2% on the amount exceeding one billion VND.
Scope of application
State agencies, enterprises, and individual organizations related to the auction of assets.
Key points
- Enterprises/individual organizations -> must pay the auction fee for assets sold above one billion VND: 18,500,000 VND + 0.2% of the amount exceeding one billion VND.
- Enterprises/individual organizations -> do not have to pay the auction fee if the value of the sold asset is below one billion VND.
- Fee rate: from one billion VND upwards, a fixed rate of 18,500,000 VND applies, with an additional 0.2% on the amount exceeding one billion VND.
- The threshold value of the sold asset for applying the auction fee rate is one billion VND.
- The auction fee applies to all types of assets being auctioned.
🌐 Social impact of this document
- Enterprises/individual organizations will bear the cost burden when selling high-value assets, but this also ensures fairness in the collection of fees.
- Enhance management and efficient use of revenue from auction fees.
❓ Frequently asked questions
What is the auction fee rate?
If the sold asset exceeds one billion VND, the fee is 18,500,000 VND + 0.2% of the amount exceeding one billion VND.
Which assets are subject to the auction fee?
The auction fee applies to all types of assets being auctioned.
What is the threshold value of the sold asset for applying the auction fee rate?
The threshold value of the sold asset for applying the auction fee rate is one billion VND.
When must enterprises/individual organizations pay the auction fee?
Must pay the auction fee for assets sold above one billion VND, specifically 18,500,000 VND + 0.2% of the amount exceeding one billion VND.
What if the sold asset is below one billion VND?
Do not have to pay the auction fee if the value of the sold asset is below one billion VND.
Full text
LETTER
OF THE MINISTRY OF FINANCE NUMBER 13158/BTC-VP DATED OCTOBER 24, 2006 REGARDING CORRECTION
CIRCULAR NUMBER 96/2006/TT-BTC DATED
| Respectfully submitted to: | - Ministries, agencies equivalent to ministries, and government agencies; - People's Committees of provinces and centrally governed cities. |
Name of the Port Direction Department where the participant works. . The Ministry of Finance issued Circular No. 96/2006/TT-BTC guiding the level of collection, collection system, management, and use of auction fees. Due to errors during the drafting process, there are inaccuracies at Point a.1, Clause 1, Section II, Circular No. 96/2006/TT-BTC. The Ministry of Finance requests correction as follows:
| Printed | Correction | ||
| Asset Value sold | Rate of Collection | Asset Value sold | Rate of Collection |
| Over 1,000,000,000 VND | 18,500,000 VND + 0.2% of the value of the assets sold exceeding 5,000,000,000 VND | Over 1,000,000,000 VND | 18,500,000 VND + 0.2% of the value of the assets sold exceeding 1,000,000,000 VND |
The Ministry of Finance sincerely apologizes./.
- Date of birth, gender: ...
DIRECTOR OF THE OFFICE
(signed)
Dinh Van Nha
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