In-depth analysis and insight on Malaysia and Southeast Asia.
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More than 230,000 Malaysian taxpayers have embraced the e-Invoicing system since its August 2024 rollout, with 52,540 declaring RM4 billion in income. The Inland Revenue Board reports strong adoption rates.
Three obstetrician-gynaecologists in Singapore have failed in their legal bid to overturn a tax ruling that disallowed their income-splitting strategy involving minimal salaries and substantial tax-exempt dividends.
Malaysia's e-invoicing system has prompted 52,540 taxpayers to declare RM4.07 billion in previously unreported income since its August 2024 rollout, the Inland Revenue Board announced. The initiative has driven wider digital compliance across the business sector.