City wants more billboard tax
City wants more billboard tax
JAKARTA: Governor Sutiyoso said on Tuesday that if the City
Council approved a new bylaw on outdoor advertising taxes, it
could result in a 10 percent increase in tax revenue from
billboards.
"The new regulation will enable us to secure Rp 110 billion
(US$12.9 million) this year," he told the councillors during a
plenary meeting to discuss the bylaw.
Last year, the administration received a total of Rp 100
billion in taxes from billboards, a 9 percent increase from Rp 91
billion in 2002.
Sutiyoso said that under the new bylaw, taxes would be based
on the size and location of the outdoor advertisements.-- JP