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Definition of Withholding Tax in English :

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Withholding Tax meaning in English

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Withholding Tax

see synonyms of withholding tax

Noun

1. withholding, withholding tax

income tax withheld from employees' wages and paid directly to the government by the employer

WordNet Lexical Database for English. Princeton University. 2010.

Withholding Tax

see synonyms of withholding tax
noun
1. 
tax deducted at source from income, esp from dividends, paid to nonresidents of a country, which may be reclaimed if a double-taxation agreement exists between the country in which the income is paid and the country of residence of the recipient
2. US
a portion of an employee's tax liability paid directly to the government by the employer

Collins English Dictionary. Copyright © HarperCollins Publishers

Withholding Tax

see synonyms of withholding tax
the amount of income tax withheld, as payment in advance, from employees' wages or salaries

Webster’s New World College Dictionary, 4th Edition. Copyright © 2010 by Houghton Mifflin Harcourt. All rights reserved.

Withholding Tax

see synonyms of withholding tax
n.
A portion of an employee's wages or salary withheld by the employer as partial payment of the employee's income tax. Also called payroll tax, withholding.

The American Heritage ® Dictionary of the English Language, Fifth Edition copyright ©2018 by Houghton Mifflin Harcourt Publishing Company. All rights reserved.

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