Advanced A tax collected from income at the source, often as a percentage, before the income is given to the recipient. Clear All
4 Example Sentences Showcasing the Meaning of 'Withholding Tax'
The company deducts a portion of my salary for withholding tax every month.
The accountant explained the importance of accurate record-keeping for withholding tax purposes.
The finance workshop covered topics such as budgeting, investing, and withholding tax.
International companies need to navigate the complexities of withholding tax in different countries.
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