[EngCC] Latest E-Invoice Information in Malaysia. Have you ready to welcome e-invoicing?

#einvoice #einvoicing #einvoicemalaysia #einvoicingmalaysia #madanimalaysia #madani #madanieconomy #madaniframework

Did you all know that shadow tax evasion is actually quite rampant occurrence? Shadow Tax Leakage refers to the loss of tax revenue caused by underreporting income, tax evasion and other illegal financial activities. Many organizations and researchers are trying to estimate these losses. The Tax Justice Network, an organization that specializes in tax evasion and avoidance, estimates that tax evasion and avoidance costs the world $427 billion in lost tax revenue each year. This figure includes losses from corporate tax avoidance and individual tax evasion. The International Monetary Fund (IMF) has also studied tax evasion and pointed out that the amount of tax losses is very large. For different countries, tax losses may account for about 5% to 15% of gross domestic product (GDP), depending on the country's tax system and the efficiency of tax administration. According to the report, Malaysia’s shadow tax leakage currently accounts for 21% of the gross domestic product GDP, which is approximately RM330 billion. In today's video, we will take an in-depth look at how the Malaysian government deals with this serious tax leakage problem?
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必看影片 - 馬來西亞 2024 年財政預算案分析（下集）
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馬來西亞第十任首相兼財政部長在2023 年 10 月 13 日，提呈了 2024 年財政預算案。 重點關注在有效的治理與透明度，經濟振興以及提高人民的生活水準。 由於整個預算案的內容非常的詳細，SIMPLE EXIM把這個主題分為上下兩集，上集會專注於解釋2024年財政預算案的重點，而下集的影片重點將專注予分析該預算案的 利與弊。 記得把上下兩集的2024年財政預算案給看完吧！ 你準備好了嗎？

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[leecheekong]

So much tax leakage. Hope government can do something about it

[ericloh]

Thank you for the Informative presentation👍, liked and saved for future references.

[holy_shiite]

Good. Government leakage is worse after paying your taxes

[Fooyip]

What if i sell kopi ice to customer, but within 1 min has 20 customers, how to issue e invoicing when theres so many customers? Have to wait very long? Or i can just submit daily z report to lhdn after everyday? Or this e invoice only for supplier to buyer now?

[hennychangchchang]

Another brainless Gov and professional take .

E invoices make costing goes up.. at the end everything pri minority of people not paying tax.. why do the rest of us need to share those problems .

Very not practical for wet markets and hocker stalls how to implement,
What about your server down on internet lagging.

[kamcheeng]

要逃税何其容易！全世界各国还没有一个100%方法去捉逃税.贪污者及逃税不会这么傻., 相反除了贪污者及手上佣有很多现金者把錢運出外国, 你同意吗？