withholding tax

with·hold tax

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Definitions of withholding tax words

noun withholding tax that part of an employee's tax liability withheld by the employer from wages or salary and paid directly to the government. 1
variable noun withholding tax A withholding tax is an amount of money that is taken in advance from someone's income, in order to pay some of the tax they will owe. 0
noun withholding tax 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 0
noun withholding tax a portion of an employee's tax liability paid directly to the government by the employer 0
noun withholding tax the amount of income tax withheld, as payment in advance, from employees' wages or salaries 0
noun withholding tax A withholding, a tax withheld from employees' salary and paid to the government. The withheld amount is considered a credit in final taxation. 0

before 1940

One of the 7% newest English words

First recorded in 1940-45

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adjective

verb

adverb

pronoun

preposition

conjunction

determiner

exclamation

This term is known only to a narrow circle of people with rare knowledge. Only 29% of English native speakers know the meaning of this word.

According to our data most of word are more popular. This word is almost not used. It has a much more popular synonym.

This diagram is provided by Google Ngram Viewer

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