Billboard tax to go up 45%
Billboard tax to go up 45%
TANGERANG: The Tangerang municipal administration will
increase billboard tax rates by 45 percent next month in order to
meet its Rp 4 billion (US$449,438) revenue target for outdoor
advertisements.
"The new policy will be outlined in Decree No. 8/2004 signed
by Mayor Wahidin Halim," Said Hendrowiyanto, an official at the
spatial and building layout agency, said on Monday.
He said the administration had received Rp 2 billion in
revenue from billboards in the first six months of the year.
The administration achieved its revenue target of Rp 3 billion
from outdoor advertisements last year.
Said added that the administration had designated new
strategic points for billboards across the municipality. -- JP