withholding tax

Definition

Employee income tax (such as PAYE) and other government imposed deductions from dividends, salaries, wages, and other incomes. Withholding taxes are levied at the point of disbursement of incomes, and are passed on to the government by the entities collecting them.


withholding tax is...

Nearby Terms

Search volume for withholding tax

Browse by Letter: # A B C D E F G H I J K L M N O P Q R S T U V W X Y Z