Malaysia Gazettes Order on Accelerated Capital Allowance for Specified E-Invoicing Implementation Expenses

The Malaysian Official Gazette April 7 published Order No. P.U. (A) 162/2026, on the Income Tax (Accelerated Capital Allowance) (Information and Communication Technology Equipment for the Implementation of Electronic Invoice) Rules 2026. The rules include measures: 1) providing an accelerated capital allowance (ACA) to residents who incur capital expenditures to purchase and install information and communication technology equipment for e-invoicing implementation purposes, subject to conditions; 2) requiring that eligible taxpayers comply with the e-invoicing implementation timelines and requirements, without being granted any flexibility for issuing e-invoices; 3) providing a 20 percent initial ACA, and a 40 percent annual ACA, for ...