9 Example Sentences Showcasing the Meaning of 'Withholding Tax'
The withholding tax on my investment gains is automatically processed by the financial institution.
The business owner calculated the withholding tax for each employee's paycheck.
When you receive your paycheck, check the withholding tax amount to ensure accuracy.
The employee was surprised by the significant reduction in salary due to withholding tax.
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.
The company automatically deducts the withholding tax from each employee's paycheck.
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.