Malaysia Tax Agency Issues Updated Guidelines on Mandatory E-Invoicing Regime

The Malaysian Inland Revenue Board March 18 issued updated guidelines on the mandatory e-invoicing regime, with examples. Topics covered include: 1) information on the types of transactions, taxpayers, and scenarios that are subject to mandatory e-invoicing requirements; 2) the Jan. 1 implementation date for taxpayers with annual income or sales above 25 million Malaysian ringgits (US$5.6 million) and up to 100 million ringgits (US$22.5 million); 3) the July 1 implementation date for taxpayers with annual income or sales above 500,000 ringgits (US$112,674) and up to 25 million ringgits; 4) the Jan. 1, 2026, implementation date for taxpayers with annual income ...