Potential Benefits And Pitfalls Of Tax E-Invoicing System
Dr Veerinderjeet Singh, Immediate Past President, Malaysian Institute of Accountants
20-Oct-22 07:45
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This week, caretaker Finance Minister Tengku Datuk Seri Zafrul Abdul Aziz announced plans to phase in e-invoicing for tax collection beginning next year as part of efforts to improve efficiency of the tax system. What are the speedbumps and challenges that need to be addressed for an effective transition to e-invoicing? Tax expert Dr Veerinderjeet Singh weighs in.
Image credit: Shutterstock
Produced by: Sim Wie Boon
Presented by: Shazana Mokhtar, Wong Shou Ning, Chong Tjen San
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Categories: technology, economy, government
Tags: e-invoicing system, malaysia tax, tax collection, tax system,