Malaysia: Updated e-invoice guidelines and FAQs
Inland Revenue Board of Malaysia issued updates concerning electronic invoicing
Inland Revenue Board of Malaysia issued updates concerning electronic invoicing
The Inland Revenue Board of Malaysia (IRBM) on 28 June 2024 issued the following updates concerning electronic invoicing (e-invoicing):
- Updated versions of the e-invoice guideline (version 3.0) and e-invoice specific guideline (version 2.2)
- Updates to the general “frequently asked questions” (FAQs) as well as FAQs for specific industries including insurance and Takaful, healthcare, tourism, aviation and financial services, stockbroking and unit trust
- SDK Updates and SDK FAQ in order to prepare taxpayers for the upcoming MyInvois System
Read a July 2024 report prepared by the KPMG member firm in Malaysia
The KPMG name and logo are trademarks used under license by the independent member firms of the KPMG global organization. KPMG International Limited is a private English company limited by guarantee and does not provide services to clients. No member firm has any authority to obligate or bind KPMG International or any other member firm vis-à-vis third parties, nor does KPMG International have any such authority to obligate or bind any member firm. The information contained herein is of a general nature and is not intended to address the circumstances of any particular individual or entity. Although we endeavor to provide accurate and timely information, there can be no guarantee that such information is accurate as of the date it is received or that it will continue to be accurate in the future. No one should act on such information without appropriate professional advice after a thorough examination of the particular situation. For more information, contact KPMG's Federal Tax Legislative and Regulatory Services Group at: + 1 202 533 3712, 1801 K Street NW, Washington, DC 20006.