5
submitted 11 months ago by stormy001 to c/myeconomy

you are viewing a single comment's thread
view the rest of the comments
[-] munkkey 2 points 11 months ago* (last edited 11 months ago)

It's easier to track the "underground economy" with GST or e-invoicing. Some shady businesses might have closed because Customs and IRB are involved in the GST system. Since we can't touch GST now, this govt plan to introduce e-invoice in stages, which should have a similar effect.

this post was submitted on 07 Jan 2024
5 points (72.7% liked)

myeconomybusiness

133 readers
2 users here now

News section for business, economy and money of Malaysia

founded 2 years ago
MODERATORS