Oct. 1 will mark a major turning point in Japan’s consumption tax rate with the start of an invoice system. Small businesses and freelance workers fret that they may face the prospect of paying more ...

In Japan, the ' invoice system ' based on the qualified invoice storage system will come into effect on October 1, 2023, but while some people welcome its introduction, there are also critical ...

A new invoice system launched in Japan in October with the aim of clarifying the calculation of consumption tax has met with concern from 91% of companies over such issues as increased workload. Japan ...

KUALA LUMPUR: The e-invoice system will be rolled out gradually this year to detect tax infractions effectively, says Deputy Finance Minister Lim Hui Ying. She said the ministry would also monitor the ...

The Inland Revenue Board (LHDN) has reported encouraging use of its new e-invoicing system, which is being used by 17,000 taxpayers. LHDN said that as of yesterday, more than 7,000 taxpayers have ...

The Goods and Services Tax (GST) framework in India has undergone several changes since its inception in 2017. One of the most significant updates is the introduction of the Invoice Management System ...