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By Hal Lai Keong and Dr. Ong Tze Chin This article responds to the recent announcement made by the government that it is prepared to study whether certain features of the goods and services tax (GST) could be incorporated into the existing sales and service tax (SST). The government’s willingness to study the proposal is a useful starting point. As no hybrid model has yet been developed, it is too early to determine whether combining GST and SST elements would make Malaysia’s tax system more progressive and efficient. The proposed study is a welcome step towards modernising Malaysia’s tax system […]

CYBERJAYA: The implementation of the e-invoice system in Malaysia has shown encouraging performance when more than 820.5 million e-invoices have been issued as of today, involving the participation of more than 111,600 taxpayers nationwide. Inland Revenue Board (IRB) Chief Executive Officer Datuk Dr Abu Tariq Jamaluddin said the participation not only included taxpayers from the first to third phases who implemented e-invoices on a mandatory basis, but also involved taxpayers from the fourth phase who participated voluntarily. “These statistics show that the implementation of e-invoices is very well received among businesses in Malaysia. The level of mandatory compliance also recorded […]

KUALA LUMPUR: Taxpayers are reminded that every appeal against tax assessment is only valid if submitted using Form Q within 30 days from the date the notice is issued. Director of the Dispute Resolution Department (JRP) of the Inland Revenue Board of Malaysia (IRB), Norhaslinda Bukhari, said that for applications for an extension of time, […]

PUTRAJAYA, Dec 21 — Taxpayers adjusting to Malaysia’s new Self-Assessment Stamp Duty System (STSDS) will not face penalties in its first year of implementation, the Inland Revenue Board (LHDN) announced today. Beginning January 1, 2026, individuals and organisations stamping instruments under STSDS will be exempted from penalties for incorrect submissions of the Stamp Duty Return […]