Sentences with Withholding Tax

A tax deducted at the source of income, often by employers or financial institutions, before the income is received by the recipient.

4 Example Sentences Showcasing the Meaning of 'Withholding Tax'

Emily was surprised when she received her first paycheck and saw the withholding tax deduction.

High-income earners often hire tax professionals to optimize their withholding tax strategies.

Learning about withholding tax is part of the training for new employees in the finance department.

The finance class discussed the impact of withholding tax on individuals and the economy.

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