In South Korea, since July 2022, individual entrepreneurs have had to issue tax e-invoices if they supply goods and services with a total amount of KRW 200 million. This threshold was further reduced to KRW 100 million a year later. Across the causeway, Malaysia taxpayers with an annual income or sales exceeding RM100 million will be required to adopt e-invoicing from 1 August 2024. And you thought most of the significant changes were in corporate tax.
Get on the GST bandwidth and get clued in on this global development that is literally sweeping across the world. Join Accredited Tax Advisor (GST) Mr Richard Mackender, Indirect Tax Leader at Deloitte Southeast Asia, as he unravels the complexities of e-invoicing and the implications in today’s digitalised economy.
Register now to secure your spot and unlock the power of e-invoicing for your tax practice. Grasp a better understanding of this digital trend this is creating both compliance challenges and global transformational strategic opportunities, not to mention a total re-design of work processes and reporting. It also contributes to the ESG agenda too!
- Be aware of the e-invoicing frameworks and compliance obligations
- Pick up useful resources, tips and best practices on implementing e-invoicing
- Explore the implications in terms of risk management, controls, automated audits and synchronisation of data across jurisdictions
- Gain a better understanding into this new era of GST compliance, invoicing requirements, and documentation retention for tax purposes
SCTP reserves the right to vary any aspect of the event/ webinar should the situation warrant or due to unforeseen circumstances. This includes but not limited to the following: cancel the programme, change the venue, speakers, programme dates, fees and CPE hours. SCTP will take reasonable effort to notify participants of the changes.
Richard Mackender ATA (GST)Indirect Tax Leader
Deloitte Southeast Asia and Singapore
Richard has over 25 years of Indirect Tax experience serving both local and multinational companies in Asia Pacific and the UK. He also leads Deloitte’s Southeast Asia Indirect Tax practice and specialises in advising large corporates on their indirect tax-related activities, not only from a Singapore GST perspective, but also regarding the wider Asia Pacific VAT/GST issues that arise.