E-Invoicing for E-Commerce 2024: Everything You Need to Know
E-Invoicing for E-Commerce 2024: Everything You Need to Know What is an e-commerce transaction? An e-commerce transaction involves the sale or purchase of goods or services conducted over networks using methods specifically designed for receiving or placing orders. While orders are placed online, payment and delivery may not necessarily occur online. Who is a foreign […]
Latest e-Invoicing 2024: Cross Border (Overseas) Transactions
e-Invoicing 2024: Cross Border (Overseas) Transactions What is a cross-border transaction? A cross-border transaction involves a transaction between a Malaysian buyer and a foreign supplier, or vice versa. This includes the exchange of goods or services between entities located in different countries. Who is a foreign supplier in cross-border transactions Foreign supplier refers to any […]
电子发票：代理、经销商或分销商的交易
电子发票：代理、经销商或分销商的交易 什么是业务供应链中的代理、经销商或分销商？ 在业务供应链中，代理、经销商或分销商的使用十分常见。代理、经销商或分销商（即第三方/中介）通过向客户销售产品或提供服务赚取佣金。 卖家向购买者开电子发票 当商品或服务通过代理、经销商或分销商购买时，电子发票的处理流程是什么? 卖方必须向购买者开电子发票以记录交易。 如果购买者未要求电子发票，卖方需开具普通收据。在月末，卖方必须在七个日历日内将这些收据合并为一张电子发票，作为收入证明。 开电子发票的详情可以参阅 电子发票指南第3.5和3.6节. 在此场景中，谁是供应商和购买者？ 供应商：卖方 购买者：买方 买家向代理，经销商或分销商开自发电子发票 当代理、经销商或分销商从卖方获得佣金或奖励时会发生什么？ 卖方需要开自开电子发票，以记录支付给代理、经销商或分销商的佣金或奖励。这符合《1967年所得税法》第83A条的规定。 电子发票的开具流程详见电子发票指南第2.3和2.4节。 在自发电子发票的场景中，谁是 供应商：代理、经销商或分销商 购买者：卖方（作为费用证明开具自开电子发票） 如何更加了解电子发票的机制与落实方案？ 你可以通过参考大马税务局（IRBM）发布的官方指南，进一步了解电子发票的机制和流程 下载 电子发票最新指南 (4.0)(发布于2024年10月4日) 下载 电子发票专属指南 (3.1)(发布于2024年10月4日) 参考 电子发票扩展指南 (更新于2024年9月11日) 你也可以考虑参与《电子发票战略课程》来获得详细与最新的资讯。 欲了解更多有关电子发票与课程详情，请点击此网址: ANCGroup_E-Invoice Courses Contact. ANC Group – Your Personal Tax Advisor Tax consulting is the core service of ANC Group. Our tax professionals provide clients […]
e-Invoicing: Employment Benefits and Perquisites
e-Invoicing: Employment Benefits and Perquisites What are employment benefits and perquisites? An individual under a contract of service (i.e., employment) may be provided with employee benefits by his / her employer. Employee benefits may include benefits in cash or in kind that are received by an employee from the employer or third parties in respect […]
e-Invoicing: Customer has no Tax Identification Number (TIN)?
e-Invoicing: What if Customer has no Tax Identification Number (TIN)? Which Tax Identification Number (TIN) should individual taxpayers use for the purposes of e-Invoice? For the purposes of e-Invoice, individual taxpayers should provide (TIN) with prefix of “IG”. Please refer to Section 2.3.1.1 of the e-Invoice Guideline for more details on how to retrieve and […]
Relaxation Period for E-Invoice Malaysia: Latest Updates 2024
Relaxation Period for E-Invoice Malaysia: Latest Updates 2024 What is the E-Invoice Interim Relaxation Period in Malaysia? The Government of Malaysia has introduced an interim relaxation period for businesses to smoothly transition to the mandatory adoption of e-Invoice. The relaxation is divided into three stages based on annual turnover. No Taxpayers Implementation Date Relaxation Period […]
E-Invoice Malaysia 2024: Introduction and Latest Updates
E-Invoice Malaysia 2024: Introduction and Latest Updates What is the purpose of implementing e-Invoice in Malaysia? The Malaysian Government introduced e-Invoices in stages to enhance the efficiency of tax administration management and support the growth of the digital economy. This initiative aligns with the Twelfth Malaysia Plan, focusing on strengthening digital services infrastructure and digitalising […]
e-Invoicing 2024: Reimbursements and Disbursements
e-Invoicing 2024: How to Handle Reimbursements and Disbursements? What is the difference between disbursements and reimbursements in e-Invoicing? Reimbursements refer to out-of-pocket expenses incurred by the payee during the sale of goods or provision of services, which are later reimbursed by the payer (buyer). Common examples include airfare, travel, and accommodation costs. Disbursements are expenses […]
e-Invoicing 2024: Expenses inccured on Behalf of the Employer
e-Invoicing 2024: Expenses incurred on Behalf of the Employer What are the common expenses employees incur on behalf of employers? An individual under a contract of service (i.e. Employment) may incur certain expenses on behalf of the employer. Such expenses include, but not limited to, accommodation, toll, mileage, parking, telecommunication expneses, expenses incurred in a […]
e-Invoicing 2024: Consolidated e-Invoice for Buyers
e-Invoicing: Cosolidated e-Invoice for Buyers What happens if a buyer does not request an e-Invoice? If the buyer does not require an e-Invoice, the supplier will issue a standard receipt following current business practices. These receipts do not need to be submitted to the Inland Revenue Board of Malaysia (IRBM) for validation, as they are […]
