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 a...
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 meaning: money that is taken from a person's pay and given directly to the government as income tax
2024 See all Example Sentences for withhold Word History Etymology Middle English, from with from + holden to hold — more at with First Known Use 13th century, in the meaning defined at transitive sense 1 Time Traveler The first known use of withhold was in the 13th century See more ...
withholding tax meaning, definition, what is withholding tax: money that is taken out of your wages as...: Learn more.
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.
Also Read:Tax Accounting – Meaning, Pros, Components, and More Nonresident Withholding Tax This form is for the nonresident to ensure that they pay all the taxes from the income generated using the US resources. A non-resident is a person who is foreign-born and has not cleared the green...
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、...
NOAA already has met its prediction of eight to 13 hurricanes, meaning storms with winds of 74 mph or higher, and we can just stop there. Regardless of the eventual final count, it only takes one tropical system, or any other disaster, to wreck your world. So, get ready for whatever...
A few countries reported that non-residents need to register with local tax authorities or to appoint an agent or a proxy to submit the WHT claim. For example, in France it is compulsory for foreign claimants to elect domicile in France, meaning that a French tax resi...