withholding tax

noun

Definition of withholding tax

  1. :  a deduction (as from wages, fees, or dividends) levied at a source of income as advance payment on income tax

1940

First Known Use of withholding tax

1940


WITHHOLDING TAX Defined for English Language Learners

withholding tax

noun

Definition of withholding tax for English Language Learners

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


Law Dictionary

withholding tax

noun with·hold·ing tax

Legal Definition of withholding tax

  1. :  a deduction (as from wages, fees, or dividends) levied at a source of income as advance payment on income tax



Seen and Heard

What made you want to look up withholding tax? Please tell us where you read or heard it (including the quote, if possible).

Love words? Need even more definitions?

Subscribe to America's largest dictionary and get thousands more definitions and advanced search—ad free!

WORD OF THE DAY

clear to the understanding

Get Word of the Day daily email!

WORD GAMES

Take a 3-minute break and test your skills!

  • istock-refers-to-this-as-a-tumble-of-strawberries-which-sounded-pretty-nice-to-us
  • Which is a synonym of garner?
Name That Thing

Test your visual vocabulary with our 10-question challenge!

TAKE THE QUIZ
Word Winder's CrossWinder

Test Your Knowledge - and learn some interesting things along the way.

TAKE THE QUIZ

Love words? Need even more definitions?

Subscribe to America's largest dictionary and get thousands more definitions and advanced search—ad free!