What is a Signboard Tax? A Detailed Understanding of the Signboard Tax Law
- Sirinya Boonset
- Jun 8
- 2 min read
Updated: Jun 9
Signboard tax is a tax imposed on signs or displays of names, brands, or symbols used for advertising purposes, whether they are electric signs, billboards, standing signs, or digital signs. There are some exceptions, such as signs belonging to government agencies.
Signboard tax is a type of tax that requires business operators or owners of advertising signs to pay to local authorities under the Signboard Tax Act of 1967. Its purpose is to regulate the installation of signs and generate revenue for local governments.
How to Calculate the Signboard Tax
The signboard tax rate is calculated by multiplying the signboard area (in square meters) by the tax rate according to the type of sign. The tax declaration form must be submitted by March 15th of every year. If a sign is installed, modified, or added after March 31st of that year, a tax assessment form must be submitted within 15 days after the change.
Signboard Tax Rate Table by Sign Type (Updated 2024)
Based on the Signboard Tax Act of 1967 and related ministerial regulations, taxable signs are divided into three main types. The tax is calculated based on the signboard area (in square centimeters) and the characteristics of the text/images on the sign as follows
Why Do You Need to Pay Signboard Tax?
Avoid penalties: If not paid on time, a fine of twice the tax amount plus 1% interest per month will be imposed.
Comply with the law: Unregistered signs may be ordered to be removed.
Support the local community: Signboard tax revenue is used to develop public areas.
Tips for Business Owners
Verify that the sign size matches the registered size.
Keep the receipt for at least 5 years.
Use tax consulting services to plan for tax deductions.
Understanding the signboard tax correctly helps business owners comply with the law properly and avoid legal issues in the future!
