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IRAS Updates on InvoiceNow for GST Administration: Pilot Project and New Digital Solutions

  • IRAS conducted a pilot project on the use of InvoiceNow for GST administration
  • The pilot validated the hypothesis of extending the 4 corner Peppol model to a 5 corner model
  • More details on the New Digital Solution Ideas discussed at the Forum on Tax Administration Plenary 2023 can be found at the provided link.

Source: kofax.com

Note that this post was (partially) written with the help of AI. It is always useful to review the original source material, and where needed to obtain (local) advice from a specialist.

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