payroll tax

noun

Definition of payroll tax

  1. 1 :  a tax that is paid by a company and that is based on the amount of money that the company spends paying all of its employees

  2. 2 :  money that is taken from a person's pay and given directly to the government as income tax

Word by Word Definitions

payrollplay
  1. :  a paymaster's or employer's list of those entitled to pay and of the amounts due to each

    :  the sum necessary for distribution to those on a payroll

    :  the money to be distributed

  1. :  a charge usually of money imposed by authority on persons or property for public purposes

    :  a sum levied on members of an organization to defray expenses

    :  a heavy demand

  1. :  to levy a tax on

    :  to make onerous and rigorous demands on

    :  charge, accuse


Law Dictionary

payroll tax

noun pay·roll tax

Legal Definition of payroll tax

  1. :  a tax that is levied as a percentage of an employee's pay and is usually paid by the employer


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