Potential Benefits And Pitfalls Of Tax E-Invoicing System

Dr Veerinderjeet Singh, Immediate Past President, Malaysian Institute of Accountants

20-Oct-22 07:45

Potential Benefits And Pitfalls Of Tax E-Invoicing System

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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,

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