WITHHOLDING TAX meaning: money that is taken from a person's pay and given directly to the government as income tax
What is Withholding tax meaning? A percentage of a worker’s wages or the salary is often deducted from their payment as withholding. Either the federal and the state, as well as local tax authorities, receive this part. The W-2 Form that workers receive at the end of each year shows ...
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.
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.
: to refuse to grant, give, or allow withhold permission 3 : to deduct (withholding tax) from income withholder noun More from Merriam-Webster on withhold Nglish: Translation of withhold for Spanish Speakers Britannica English: Translation of withhold for Arabic SpeakersLast...
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 against the employee’s ...
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、...
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...
Looking for online definition of withholding in the Medical Dictionary? withholding explanation free. What is withholding? Meaning of withholding medical term. What does withholding mean?
withholding tax meaning, definition, what is withholding tax: money that is taken out of your wages as...: Learn more.