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