Dear Expert,
We have secured a 6-year contract with a company in malaysia for software portal implementation (software-as-a-service model), consulting services and maintenance. The portal will be hosted in singapore and once fully implemented it will be transferred to Malaysia.
We are finalizing the terms and have a legal/corporate firm assisting us. However there is some gap in interpretation of software-as-a-service model for tax and accounting since this is neither fully shrink wrap software nor is it fully consulting.
Does anyone have any inputs on this since we have withholding tax obligations in malaysia and possible relief/rebate we can get due to double taxation agreement (DTA).
Rgds,
Vijsrinp