Advanced as in omission A tax collected from income at the source, often as a percentage, before the income is given to the recipient. Clear All
7 Example Sentences Showcasing the Meaning of 'Withholding Tax'
The company accountant explained the concept of withholding tax during the orientation session for new employees.
The small business owner faced challenges in calculating and managing the withholding tax for the employees.
The finance professor elaborated on the implications of withholding tax on corporate finances in the advanced accounting class.
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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