Nizom Sairi says LHDN’s e-invoicing system will help the government achieve its 2024 tax collection target of RM185 billion.
LHDN CEO Nizom Sairi said the e-invoicing system was designed to accommodate GST and the adoption of this system would push for greater transparency within the cash economy and shadow economy. According to Bernama, Nizom also said the e-invoicing system would help the government achieve its 2024 tax collection target of RM185 billion.
“There are a lot of activities happening under the radar that will be forced to surface and operate above board,” he said.
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