10-20-2009, 07:06 PM
<blockquote id="quote"><font size="1" face="Verdana, Arial, Helvetica, san" id="quote">quote<hr height="1" noshade id="quote"><i>Originally posted by zara khan</i>
<br />what would be the rate of withholding tax on purchasing of anti-virus software.
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Dear,
This query needs clarification,
If the said software has been purchased on the basis of a contract, which stipulates conditions with regards to the post acquisition services/traning etc, then the same must be taxed at the rate of 6%.
However, if the software has simply been purchased from a supplier and no stipulations have been made, then it should be treated as a purchase of good, and accordingly the rate of tax should be 3.5%.
Let me know, if confusion still exist.
Best Regards,
<br />what would be the rate of withholding tax on purchasing of anti-virus software.
<hr height="1" noshade id="quote"></font id="quote"></blockquote id="quote">
Dear,
This query needs clarification,
If the said software has been purchased on the basis of a contract, which stipulates conditions with regards to the post acquisition services/traning etc, then the same must be taxed at the rate of 6%.
However, if the software has simply been purchased from a supplier and no stipulations have been made, then it should be treated as a purchase of good, and accordingly the rate of tax should be 3.5%.
Let me know, if confusion still exist.
Best Regards,
