The maximum rates of withholding tax are: -   10% on dividends generally, and 5% on dividends in respect of participations of at least 25% of share capital. Nevertheless, Singapore does not impose a dividend withholding tax at present under its domestic legislation; -   10% on interest, subject to exceptions in respect of interest derived by the government of the contracting states; and -   7.5% on royalties. Deviations from the OECD Model include the following: -   a permanent establishment includes a building site, a construction, assembly or installation project or connected supervisory or consultancy activity if such...