Comments to answers

Hi,
Are fees charged by an arbitrator in a dispute resolution considered as professional fees for WHT treatment.

Whether a service is deemed a professional fee or not is determined by the definition under s.2 of the Income Tax Act cap 470.

Under the same provision management or professional fees means any payment made to any person, other than a payment made to an employee by his employer, as consideration for any managerial, technical, agency, contractual, professional or consultancy services however calculated.

Whether arbitration is treated as a consultancy or professional activity it will be categorised as management & professional fees for WHT purposes.