Expert as in refusal A tax deducted at the source of income, typically by an employer or payer, before the income is received by the recipient. Clear All
4 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.
Emily, a recent graduate, was learning to manage her finances, including understanding the concept of withholding tax.
John, a seasoned professional, was well aware of the importance of accurate documentation for withholding tax purposes.
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