Revenue Auction brings together VERY discounted items; learn to participate and place your bid

Who can participate in the new Federal Revenue auction? How to bid on lots and buy products at a discount? We show you everything you need to know!

A unique opportunity is emerging for bid hunters and auction enthusiasts: the traditional Federal Revenue auction! At this event, items such as cars and cell phones are offered at incredibly low prices.

If you are curious about how to participate and bid in this auction full of opportunities, keep reading to find out all the details! It is worth remembering that there is a deadline for participating in the process.

Don’t waste time and participate in the Federal Revenue Auction! Credit: plasticaxe.

Why does the IRS hold auctions?

Federal Revenue auctions are held to deal with goods seized during inspections or items that were taxed and never removed by the original buyers.

This practice helps the IRS empty its deposits of unclaimed or seized products, while also giving citizens the chance to purchase items at prices well below those found on the market.

Furthermore, auctions generate additional revenue for the government, which can be reinvested in other areas. In other words: everyone wins.

Read more: Used car, iPhones, electric bicycles and scooters and more: see how to participate in the new Revenue Auction!

What does the IRS offer in the new auction?

The next Federal Revenue auction promises to be exciting, with more than 70 lots of varied products, including cars, cell phones, clothes, drones and designer accessories. The diversity of items available makes this auction an attractive event for a wide range of interested parties.

Products are organized into groups within batches. This means that to purchase a specific item, participants will need to bid on the entire pool in which the item is included – without even knowing the contents.

Date of the new Federal Revenue auction

Bidding will begin at 8am on the 25th of this month and will remain available until 9pm on January 29th.

The auction itself will be held at 9am on the 30th, with the classification of proposals already presented. Therefore, it is worth preparing your bids now.

Who can participate in the auction?

To participate in the Revenue auction, there are some criteria that must be met. Requirements vary according to the profile of the participants:

For Legal Entities: Some larger lots are only available for bidding by legal entities. For Individuals: Bidding is open to people over 18 years of age who are registered with the Individual Taxpayer Registry (CPF). In addition, it is necessary to have the silver or gold reliability seal in the gov.br digital identity system. Click here to find out how to register.

How to participate in the Revenue auction? Step by step

The time has come to check out the updated step-by-step instructions for participating in the Revenue auction and securing products with great discounts:

Access to the website: Enter the Virtual Taxpayer Service Center (e-CAC) available at this link: Log in using your gov.br account. Lot selection: Search for the Ribeirão Preto notice and select the lots you are interested in. Inclusion of the proposal: Click on "Include Proposal" and accept the terms and conditions presented by the IRS website. Wait for the result: After submitting your proposal, wait for the result of the auction, which will be announced by the IRS.

Take the opportunity to check out: CPF and Federal Revenue: practical guide to check your registration status

Don’t miss the opportunity!

The Federal Revenue auction is an excellent opportunity for those looking for quality products at affordable prices. With a wide range of items available and the ease of participating online, this event is unmissable for many Brazilians.

If you meet the necessary requirements and are interested in being part of this exciting auction experience, get ready to place your bid and potentially win amazing items at a fraction of the cost!

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