Expert as in refusal A tax that is retained or deducted from income at the source, typically by an employer, before it reaches the recipient. Clear All
5 Example Sentences Showcasing the Meaning of 'Withholding Tax'
The accountant advised the entrepreneur on the importance of setting aside funds for quarterly estimated tax payments, including withholding tax.
The government introduced new regulations to ensure transparency in the withholding tax process, benefiting both employers and employees.
The withholding tax on my investment gains is automatically processed by the financial institution.
Freelancers need to be aware of their responsibility for calculating and paying withholding tax.
Investors should consider the impact of withholding tax on their overall returns.
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