Moderate as in reservation A tax deducted at the source of income, often by employers or financial institutions, before the income is received by the recipient. Clear All
4 Example Sentences Showcasing the Meaning of 'Withholding Tax'
Students are often curious about how withholding tax affects their part-time job earnings.
Jake was relieved to discover that his employer was handling all the paperwork related to withholding tax.
Many taxpayers are unaware of the various exemptions available for withholding tax.
The finance class discussed the impact of withholding tax on individuals and the economy.
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