withholding tax

Definition of withholding taxnext

Example Sentences

Examples are automatically compiled from online sources to show current usage. Read More Opinions expressed in the examples do not represent those of Merriam-Webster or its editors. Send us feedback.
Recent Examples of withholding tax The incentives include sales and use tax refunds, qualifying investment tax credits and withholding tax credits. Max Rego, The Hill, 12 Feb. 2026 Non-qualified earnings face the 30% withholding tax for NRAs, plus a 10% penalty if under 59½, unless an exception applies. Virginia La Torre Jeker, Forbes.com, 11 Aug. 2025 But her defiance drew a warning from Idaho Attorney General Raúl Labrador of potential consequences if legislators update the law to include penalties such as the state withholding tax money. Idaho Statesman, 6 July 2025 Once in default, the full remaining balance becomes immediately due, and the government can take action to recover the debt, such as garnishing wages or withholding tax refunds. Marley Malenfant, Austin American Statesman, 22 Apr. 2025 See All Example Sentences for withholding tax
Recent Examples of Synonyms for withholding tax
Noun
  • So, over a third of Americans’ individual income tax dollars were siphoned away and not used for the provision of government goods, services, and transfer payments.
    Steve H. Hanke, Fortune, 15 July 2026
  • While the cost of living in Southgate is about five percent higher than the national average, Florida residents have no income tax, a significant saving for many, with no levy on Social Security, income, or withdrawals from pre-tax accounts.
    Patricia Doherty, Travel + Leisure, 13 July 2026
Noun
  • For years, state and local governments have courted data center projects with property tax abatements, sales tax exemptions and other incentives.
    Daniel Yue, Fortune, 14 July 2026
  • Eli Woody Woody, an English and Public Speaking teacher at Olathe Public Schools, thinks residents’ ongoing need for property tax relief remains a key issue in his district.
    Sofi Zeman July 14, Kansas City Star, 14 July 2026
Noun
  • The participant must also take a lump-sum distribution of the entire retirement plan balance within a single tax year.
    David Kudla, Forbes.com, 30 June 2026
  • But that levy generates more than any other single tax at either level of government.
    Keith M. Phaneuf, Hartford Courant, 19 June 2026
Noun
  • This bill would functionally impose a poll tax on American citizens.
    Linh Tat, Oc Register, 5 May 2026
  • There was – there was a poll tax in Southern states.
    CBS News, CBS News, 4 May 2026
Noun
  • Building regional hub The announcement follows Wisconsin’s passage of Act 165 earlier this year, becoming the first standalone state law in the United States to exempt capital expenditures on fusion energy projects from state sales tax.
    Neetika Walter, Interesting Engineering, 16 July 2026
  • While shopping sales and secondhand can help, timing your purchase with your state's sales tax holiday is another way to keep a little extra cash in your bank account.
    Courtney Johnston, PC Magazine, 16 July 2026
Noun
  • The various Indian state governments earn a big portion of their revenue from excise and value-added tax on alcoholic drinks.
    Mimansa Verma, Quartz, 10 Nov. 2022
  • Lord De La Warr paid $179,255 for it (including buyer’s premium and value-added tax) after it was originally estimated to go for between $54,000 and $81,000 by Summers Place Auctions.
    Téa Kvetenadze, Forbes, 7 Oct. 2021
Noun
  • Those drops, while beneficial for the population, aren’t great for sin tax revenues that depend on those behaviors.
    Kelly Phillips Erb, Forbes.com, 12 July 2025
  • The teams' leases stipulate the public is responsible for repair costs, but the lone funding source — the county sin tax on cigarettes and alcohol — is no longer sufficient to cover their demands.
    Sam Allard, Axios, 5 Dec. 2024

Browse Nearby Words

Cite this Entry

“Withholding tax.” Merriam-Webster.com Thesaurus, Merriam-Webster, https://www.merriam-webster.com/thesaurus/withholding%20tax. Accessed 18 Jul. 2026.

More from Merriam-Webster on withholding tax

Love words? Need even more definitions?

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