The Bangkok Metropolitan Administration (BMA) is planning to revise the 1985 Bangkok Administration Act in order to generate additional revenue, in order to meet its target of collecting 80 billion baht in the current fiscal year.
Bangkok Governor Chadchart Sittipunt emphasized the importance of amending the 1985 law and acknowledged his previous belief that generating revenue through tobacco and hotel taxes fell under the jurisdiction of the city hall. He stated that a draft amendment would be submitted to the Ministry of Interior and Cabinet for review, noting that the process would be complex and time-consuming due to the need to consider relevant legislation.
The Governor of Bangkok stated that the Bangkok Metropolitan Administration (BMA) used to generate significant revenue from taxing buildings and land, however a new law has modified the system for calculating such taxes leading to a decrease in income. The BMA has authority to tax land, buildings, commercial signs, and gas stations. Along with associated fines and issuing various permits, the governor estimates the cost to be between 10 to 20 billion Thai Baht per year.
The authorities are considering alternative methods, such as upgrading their local tax databases, tightening regulations for environmental damage-causing companies based on the "polluter pays principle", and collecting parking fees from vehicles in order to meet the 800 billion baht tax revenue target set by the Bangkok Metropolitan Administration (BMA) for this fiscal year. The BMA is also investigating whether tax processes in all areas of Bangkok are standardized and is considering using an open data policy to ensure transparency and maximum efficiency.
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