Advanced as in reservation A tax that is retained or deducted from income at the source, typically by an employer, before it reaches the recipient. Clear All
6 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.
The business owner calculated the withholding tax for each employee's paycheck.
The employee was surprised by the significant reduction in salary due to withholding tax.
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