Advanced as in deprivation A tax deducted from income at the time it is earned, typically by an employer, and submitted directly to the government. 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.
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