Commission Rates for Lottery Agents Must Not Exceed 15% of Revenue from Lottery Business

14:52, 11/07/2024

This is noteworthy content in Circular 138/2017/TT-BTC providing guidance on certain specific expenses for lottery businesses as stipulated in Decree 122/2017/ND-CP.

According to the provisions of Circular 138, lottery business enterprises are responsible for paying commissions to lottery agents and may independently decide the commission rate, but it must ensure the following:

- It must not exceed 15% of the revenue from lottery business activities that are permitted, including value-added tax and special consumption tax.

Additionally, according to Circular 138, lottery business enterprises are also responsible for paying authorization fees for prize payments to lottery agents with the following rate:

- A maximum of no more than 0.2% of the total prize value that the lottery agent has paid by authorization.

For more related regulations, see Circular 138/2017/TT/BTC, in effect from February 10, 2018, replacing Circular 01/2014/TT-BTC.

- Thanh Lam -

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