The maximum rates of withholding tax are: -   10% on dividends in general, and 5% if the beneficial owner is a company that holds directly at least 25% of the capital of the company paying the dividends. However, neither Malaysia nor Singapore currently imposes a dividend withholding tax; -   10% on interest, subject to exemptions for interest on Malaysian approved loans and interest derived by the government (as defined); -   8% on royalties; and -   5% of technical fees. Deviations from the OECD Model include: -   a permanent establishment includes a building site, or construction,...