Malaysia

Malaysia’s E-Invoicing System Identifies RM3.5 Billion in Unreported Income Malaysia’s Inland Revenue Board (LHDN) has revealed that reviews of e-invoice data uncovered RM3.5 billion (approximately US$890 million) in previously undeclared income, highlighting the growing impact of real-time tax compliance monitoring under the country’s e-invoicing framework. According to LHDN, nearly 39,000 taxpayers voluntarily regularised their tax…