Vietnam e-tax system resumes operation
HANOI: Vietnam's electronic tax system has resumed full operations starting at 8am on March 17, after a temporary suspension for system upgrades and data restructuring, the tax authority announced.
66,000 e-commerce businesses lack tax compliance
PUTRAJAYA: The Inland Revenue Board (LHDN) has identified 66,000 businesses on e-commerce platforms that either do not have or do not comply with the estimated tax instalment payments under the Income Tax Act 1967.
66,000 e-commerce businesses not complying with tax regulations, says LHDN
PUTRAJAYA: The Inland Revenue Board (LHDN) has identified 66,000 businesses on e-commerce platforms that do not comply with the estimated tax instalment payments under the Income Tax Act 1967.
QuickCheck: Are Malaysians set to pay more tax under LHDN's new system?
AS the adage goes, the only thing certain in life is death and taxes. Yup, It's that time of the year again to file your income tax.
Tax e-filing for assessment year 2024 opens March 1
PUTRAJAYA: Taxpayers can submit tax return forms for the 2024 Year Remuneration and Year of Assessment via e-filing starting March 1, says the Inland Revenue Board (LHDN).
IRB e-ansuran now accessible at MyTax portal
PUTRAJAYA: The online instalment application service for payment of tax balances or tax arrears via e-Ansuran has been accessible through the MyTax Portal since March 5.
Asean News Headlines at 10pm on Monday (March 17, 2025)
Here's a look at the news highlights from Asean countries in the Star-AseanPlus section for Monday (March 17, 2025).
Employers must notify IRB of employee termination or death for tax clearance
KUALA LUMPUR: Employers in both the private and public sectors must notify the Inland Revenue Board (IRB) of employee terminations or deaths to facilitate tax clearance.
When e-filing is too taxing
PETALING JAYA: Every year, Fabian Gomez (not his real name) turns to his friends or colleagues to help him file his taxes via e-filing.
LHDN to introduce new system for monthly tax deductions soon
PETALING JAYA: The Inland Revenue Board of Malaysia (LHDN) will introduce a new monthly tax deduction service (e-PCB Plus) through the MyTax portal, replacing the current e-PCB, e-Data PCB and e-CP39 systems.
Eduzone: Convenient link provides information on 2024 tax reliefs
KUALA LUMPUR: The Inland Revenue Board (LHDN) has provided the EDUZONE link for taxpayers to view the list of income tax reliefs for e-filing, presented in a simple and easy-to-understand poster format, says Selangor LHDN chief deputy director Mohd Fairuz Mhd Omar.
Cambodia aims to boost digital economy with new e-invoicing system
PHNOM PENH: The Ministry of Economy and Finance has announced the soft launch of the “Cambodia E-Invoicing System”.
Brazil eyes revisiting fintech reporting rules amid money laundering concerns
BRASILIA (Reuters) - Brazil will eventually need to resume discussions on requiring financial technology companies to report transaction values to the tax revenue service, the agency's head said on Tuesday.
7,900 companies implemented e-invoicing system so far, says deputy minister
KUALA LUMPUR: A total of 7,900 companies have implemented the e-invoicing system, with 87 million e-invoices generated as of Nov 19, says Lim Hui Ying.
Govt calls for proposals for E-ART system in Iskandar Malaysia
KUALA LUMPUR: The government is calling for proposals for the proposed evelated autonomous rapid transit system (E-ART) in Iskandar Malaysia via public-private partnership.
‘Tax refund’ e-mails from Singapore Customs are scams, warns authority
SINGAPORE: Tax refund e-mails that appear to be from Singapore Customs are a new ploy of scammers impersonating the authorities.
The importance of a modern tax system
It is believed that taxation started about 5,000 years ago in ancient Egypt where the Pharaoh collected 20% of grain harvests as a tax equivalent at the time.
E-invoicing set to change tax landscape
CORPORATES in Malaysia heaved a sigh of relief when the last consolidated e-invoice for August was submitted by the Sept 7 deadline, which happened to fall on a Saturday.
Phase 2 of e-invoicing hits snags
PETALING JAYA: The Phase 2 rollout of Malaysia’s e-invoicing system on Jan 1 has presented challenges, with technical issues, unclear directives and logistical constraints complicating the transition for businesses.
114 million e-invoices received by LHDN as of Dec 26
KUALA LUMPUR: The Inland Revenue Board (LHDN) has received 114 million e-invoices from 9,000 taxpayers as of Thursday (Dec 26).
