WITHHOLDING TAX meaning: money that is taken from a person's pay and given directly to the government as income tax
Withholding tax, in its technical meaning, refers to a financial mechanism where a certain percentage of income or interest payments made by foreign corporations is deducted and subsequently collected by the government as tax before the full amount is paid to the recipient. This practice...
withholding tax meaning, definition, what is withholding tax: money that is taken out of your wages as...: Learn more.
我们可能在税收相关的场合见到过withholding tax的说法,有时,还可能会看到tax withholding的写法(比如:不少做美股投资,美国网赚的朋友都可能填写过颇为令人犯怵的美国国税局W-8BEN表格,其中就出现了tax withholding),那么这里的withholding是什么意思?而withholding tax合起来时又该如何理解呢?下面,Will将为你进行快速、...
TAX meaning: an amount of money that a government requires people to pay according to their income, the value of their property, etc., and that is used to pay for the things done by the government often + on
Withholding tax definition: that part of an employee's tax liability withheld by the employer from wages or salary and paid directly to the government.. See examples of WITHHOLDING TAX used in a sentence.
TAX meaning: an amount of money that a government requires people to pay according to their income, the value of their property, etc., and that is used to pay for the things done by the government often + on
What Is Withholding Tax? Withholding tax is a set amount of money that employers take or “withhold” from an employee’s paycheck. This money is then remitted to both the local and federal government on behalf of the employee. The money that’s withheld by the employer acts as a credit...
The meaning of WITHHOLDING TAX is a deduction (as from wages, fees, or dividends) levied at a source of income as advance payment on income tax.
If you’re stumped about the meaning of tax withholding, you’re not alone. It’s not an everyday concept (which may be why some people ask “what is withholding tax”). It’s not an everyday concept. But you may have encountered it when starting a job. It’s at that time your ...