- IRBM in Malaysia introduced measures for flexibilization of upcoming e-invoicing obligation
- No postponement of mandatory go-live date of 1 August 2024
- Consolidated e-invoice allowed for all transactions for first six months
- Grace period with no penalties for taxpayers ensuring compliance with guidelines
- Incentive for compliant taxpayers who meet deadline, expedited capital allowance claim for equipment and software
Source: sovos.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.
Latest Posts in "Malaysia"
- Malaysia Expands Service Tax: New Exemptions and Compliance Rules Effective July 2025
- Summary of Malaysia’s New Sales Tax Exemptions and Policies Issued in October 2025
- Malaysia Expands Sales Tax Exemption Guide for Eligible Machinery and Equipment Effective July 2025
- Malaysia Revises Service Tax Rules, Adds New Exemptions Effective July 2025
- Malaysia Issues New Service Tax Policies for Healthcare and Construction Effective July 2025
