In the 2024 budget bill released last month, the government announced that the long-rumored electronic invoicing (E-invoicing) tax filing system will be launched in phases from August next year. Our country’s tax system is about to enter a new era.

In order to comply with the new reporting model, whether merchants like it or not, they must start to explore relevant systems and software to ensure that the company can cope with the new regulations of the tax bureau. The author can't help but think of the implementation of GST that year.

Interestingly, IFCA Multimedia (IFCAMSC, 0023, GEM Technology Group), a business software solution company that became popular due to benefiting from the GST eight years ago, is expected to become a potential winner again this time.