On 25 October, the Malaysian Digital Economy Corporation (MDEC) signed the MoU with the Inland Revenue Board of Malaysia (LHDNM), witnessed by the Ministry of Finance and Ministry of Communications and Multimedia Malaysia, to establish collaboration on the National e-Invoicing Initiative.   As we mentioned previously, the Malaysian government intended to implement electronic invoicing in 2023. The framework is now getting clear with the MoU signed.   To help Malaysian businesses, including SMEs, reduce tax costs and increase efficiency, the National e-Invoicing Initiative plans to follow the Peppol framework as its preferred option. A CTC model is anticipated to be...