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New billboard tax rate to be implemented from Jan 1 (nationthailand.com)

New billboard tax rate to be implemented from Jan 1

NationalNov 28. 2020

By THE NATION

The government has revised the tax rate for signs and billboards that had been used since 1992 to suit the current economy.

The Ministry of Interior recently announced a regulation regarding the tax rate under the Sign Board Tax Act BE 2535 (1992).

The regulation, signed by Interior Minister Gen Anupong Paochinda, stipulates the new tax rate as follows:

▪︎ Signs and billboards that have only text in Thai will be taxed at Bt5 per 500 square centimetre and Bt10 per 500sq.cm. if the text can move or shuffle.

▪︎ Signs and billboards that have Thai text mixed with foreign text, pictures or other symbols will be taxed at Bt26 per 500sq.cm. and Bt52 per 500sq.cm. if the text/pictures/symbols can move or shuffle.

• Signs and billboards that have no Thai text or have Thai text in a lower position than foreign text will be taxed at Bt50 per 500sq.cm. and Bt52 per 500sq.cm. if the text/pictures/symbols can move or shuffle.

The new rate will be effective from January 1, 2021.