- Malaysia introduces mandatory e-invoicing for taxpayers with income between 5 and 25 million ringgits starting July 2025.
- Increased support for MSMEs with a higher income threshold for free POS platform use.
- A new branch established to handle taxes for foreign taxpayers.
- These measures aim to enhance digital tax administration and compliance.
Source: fiscal-requirements.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 Revises Service Tax Rules, Adds New Exemptions Effective July 2025
- Malaysia Issues New Service Tax Policies for Healthcare and Construction Effective July 2025
- E-invoicing in Malaysia technical factsheet
- Briefing Document & Podcast: E-Invoicing in Malaysia: Scope, Regulations & Future Outlook
- Malaysia Drops High-Value Goods Tax, Applies Higher Sales Tax to Luxury Items
