This is the content stipulated in Circular No. 138/2017/TT-BTC providing guidance on specific expenses for lottery enterprises as prescribed in Decree No. 122/2017/ND-CP.
Lottery businesses must prepare a plan for expenses to support the work of preventing and combating illegal gambling, and counterfeit lottery tickets as follows:
- For cases with a court judgment from the People's Court, the maximum amount is 50 million VND per case.- For cases with administrative penalty decisions and payment receipts of the fines by the violator, the maximum amount is 50% of the administrative penalty but not exceeding 15 million VND per case.- The total amount spent on preventing and combating illegal gambling and counterfeit lottery tickets in the financial year is as follows:- Not exceeding 1% of revenue from authorized lottery business activities, including value-added tax and special consumption tax, for lottery businesses in the Northern and Central regions;- Not exceeding 0.1% of revenue from authorized lottery business activities, including value-added tax and special consumption tax, for lottery businesses in the Southern region and Vielott.
More details can be found in Circular 138/2017/TT/BTC which takes effect from February 10, 2018.
- Thanh Lam -
Address: | 19 Nguyen Gia Thieu, Vo Thi Sau Ward, District 3, Ho Chi Minh City |
Phone: | (028) 7302 2286 |
E-mail: | info@lawnet.vn |