A significant number of Malaysian e-commerce businesses are failing to meet tax obligations under the new e-invoicing system, prompting active monitoring and enforcement by the IRBM. The mandatory rollout of e-invoicing, with varying deadlines based on business turnover, aims to improve tax compliance, and non-compliance will result in penalties and disruptions.
Source: taxilla.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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