Advanced as in detention A tax deducted at the source of income, often by employers or financial institutions, before the income is received by the recipient. Clear All
3 Example Sentences Showcasing the Meaning of 'Withholding Tax'
Learning about withholding tax is part of the training for new employees in the finance department.
High-income earners often face higher withholding tax rates on their investments.
The politician proposed reforms to simplify the withholding tax system for taxpayers.
Report
Meaning
Contribute
Copied