ALL meanings of withholding tax
with·hold tax
W w - 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