Simple Definition of withholding tax
: money that is taken from a person's pay and given directly to the government as income tax
Full Definition of withholding tax
: a deduction (as from wages, fees, or dividends) levied at a source of income as advance payment on income tax
First Known Use of withholding tax
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Britannica English: Translation of "withholding tax" for Arabic speakers Britannica.com: Encyclopedia article about "withholding tax"
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