Step 3: Determining the transaction price
Insights into MFRS 15This article deals with Step 3 of the five-step model, which covers determining the transaction price.
We are pleased to share Grant Thornton Malaysia’s Transparency Report 2025, which outlines our commitment to upholding the highest standards of integrity, transparency and professional excellence in all that we do.
This article deals with Step 3 of the five-step model, which covers determining the transaction price.
Understand the mandatory sustainability assurance requirements, implementation timeline and key implications for businesses including steps to strengthen their reporting processes, data quality and internal controls.
Both of the e-Invoice Guidelines (e-Invoice Guideline Version 4.8 and e-Invoice Specific Guideline Version 4.9) and the e-Invoice General Frequently Asked Questions (FAQs) were updated by the Inland Revenue Board of Malaysia (IRBM) on 30 August 2026, 4 September 2026 and 7 September 2026. Let's understand the salient changes to the guidelines.
On 5 January 2026, the Inland Revenue Board of Malaysia (IRBM) has issued a Media Statement, Operational Guideline (effective 1 January 2026) and Frequently Asked Questions (FAQs) regarding Stamp Duty Special Voluntary Disclosure Programme (SVDP) on 28 January 2026.
Chow Chee Yen, Senior Executive Director of Tax Advisory and Compliance of Grant Thornton Malaysia, shared his views on Budget 2027, from refining SST exemptions to encouraging e-Invoicing adoption.
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