Advanced as in reservation A tax deducted at the source of income, typically by an employer or payer, before the income is received by the recipient. Clear All
5 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 company automatically deducts the withholding tax from each employee's paycheck.
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