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.
In several states, including North Carolina, Ohio, and New York, public university systems refer patients to other state agencies for legal action or withholding tax refunds. FromSalon Advertisement add this widget to your site Did You Know?
1.(Banking & Finance) tax deducted at source from income, esp from dividends, paid to nonresidents of a country, which may be reclaimed if a double-taxation agreement exists between the country in which the income is paid and the country of residence of the recipient ...
withholding tax inTax topic From Longman Dictionary of Contemporary Englishwithˈholding ˌtaxnoun[countable, uncountable]American Englishmoney that is taken out of yourwagesastaxExamples from the Corpuswithholding tax•And more decisively, theyimposedawithholding taxtodeterforeignresidents frombuyingdomes...
Understanding withholding tax is crucial for both payers and recipients of income to ensure compliance with tax regulations and avoid potential penalties. For further exploration, related topics include income tax, tax compliance, payroll management, and international tax treaties. These subjects provide ...
Tax Withholdings means tax, social insurance and social security liability or premium obligations in connection with the awards under the Plan, including without limitation: (a) all federal, state, and local income, employment and any other taxes (including the Participant’s U.S. Federal Insuran...
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、...
Definition:Withholding Income Tax Contract Type Jurisdiction Country Include Keywords Exclude Keywords Additional filters are available in search Open Search Use ofWithholding Income Taxin a Clause Withholding Income Taxmeans a retentiontax on income, to be paid to aTax Authorityby the payor of the inc...
Withholding could be considered an installment payment on the tax that an employee will owe for the full year. Form W-4 requires information such as marital status and number of dependents so that employers can determine the amount to withhold. ...
Withholding Tax Explained: Types and How It's Calculated