KUALA LUMPUR, Oct 26 — The electronic invoicing system (e-invoicing) implementation will bode well should the government opt to reinstate the Goods and Services Tax (GST).

KUALA LUMPUR, Sept 27 — The Youth and Sports Ministry (KBS) has reported positive developments in its discussions with the Inland Revenue Board (IRB) regarding the provision of tax cuts for sports training and guidance, apart from the purchase of sporting equipment.

KUALA LUMPUR, Aug 1 — The Inland Revenue Board (IRB) said it will start using e-invoices in the first half of 2024, in line with the government’s digitalisation agenda.

GEORGE TOWN, June 9 — The Inland Revenue Board (IRB) will issue guidelines in July in relation to e-invoicing to companies with a revenue of more than RM100 million to enable them to learn more about this new initiative.

PONTIAN, May 19 — The government does not want to amend the Income Tax Act which stipulates that the administrator or next-of-kin of a deceased income taxpayer has to pay the tax arrears.

CYBERJAYA, May 10 — The tax collection showed a positive trend with daily collection recording a 20 per cent increase this year compared with last year, Inland Revenue Board (LHDN) chief executive officer Datuk Mohd Nizom Sairi said.

PETALING JAYA, March 15 — The government is engaging all stakeholders actively and extensively in reviewing several taxes, including the excise duty on premixed beverages and the low-value goods (LVG) tax, the implementation of which had been postponed to an undetermined date.

KUALA LUMPUR, Oct 18 — Malaysia has agreed to implement the “two-pillar approach” in taxation to create a competitive environment for both foreign and domestic direct investment, said Finance Minister Tengku Datuk Seri Zafrul Abdul Aziz.

KUALA LUMPUR, March 2 — The tax revenue collection target of RM139 billion this year can be achieved by ensuring that all services provided by the Inland Revenue Board (IRB) are correctly implemented.

KUALA LUMPUR, Nov 23 — The projected revenue from direct taxes of approximately RM139.3 billion in 2022 is a realistic, reasonable, as well as an achievable target, said Inland Revenue Board (IRB) chief executive officer Datuk Mohd Nizom Sairi.

PUTRAJAYA, Sept 30 — The Inland Revenue Board (IRB) is revising downwards its tax collection target for 2020 from the RM154 billion projected in January, which was prior to the movement control order's (MCO) implementation.