TOKYO, Nov 15 (Information On Japan) –
A Ferrari seized from a tax delinquent was auctioned by the Tokyo Regional Taxation Bureau, fetching over 170 million yen, the very best bid ever recorded for such an public sale.
Web public auctions are a process used to forcibly promote seized property to gather unpaid taxes.
On this public sale, the Tokyo Regional Taxation Bureau listed the Ferrari with a minimal bid value of 71.3 million yen.
A complete of 127 bids had been submitted, with the ultimate bid reaching roughly 171 million yen.
In August, the bureau additionally auctioned one other Ferrari, which bought for about 94.3 million yen.
This newest sale surpassed that determine, setting a brand new document for public sale costs.
Supply: ANN
