as in income tax
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Recent Examples of withholding tax
Under the Foreign Account Tax Compliance Act (FATCA), Washington requires foreign financial institutions to disclose their American clients’ financial information to the U.S. Treasury and imposes a 30 percent withholding tax on certain payments to foreign financial institutions that don’t comply.
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Nicholas Shaxson, Foreign Affairs, 13 Feb. 2018
Palestinian leaders say its ability to exercise effective governance has been effectively blocked by Israeli restrictions, which have included withholding tax revenues due under the Oslo accords.
—Ali Sawafta, The Christian Science Monitor, 26 Feb. 2024
The legislation lifts the current $800 million limit on the total amount of capture income and withholding tax revenues to $1.6 billion.
—Detroit Free Press, 18 July 2023
The release of $600,000 in withholding tax tied to unrepatriated earnings of its Russian subsidiary increased its tax rate, Kevin Daniels, the company’s chief accounting officer, said in a June 2 letter.
—Mark Maurer, WSJ, 26 July 2022
See All Example Sentences for withholding tax
Nicholas Shaxson, Foreign Affairs, 13 Feb. 2018
Palestinian leaders say its ability to exercise effective governance has been effectively blocked by Israeli restrictions, which have included withholding tax revenues due under the Oslo accords.
—Ali Sawafta, The Christian Science Monitor, 26 Feb. 2024
The legislation lifts the current $800 million limit on the total amount of capture income and withholding tax revenues to $1.6 billion.
—Detroit Free Press, 18 July 2023
The release of $600,000 in withholding tax tied to unrepatriated earnings of its Russian subsidiary increased its tax rate, Kevin Daniels, the company’s chief accounting officer, said in a June 2 letter.
—Mark Maurer, WSJ, 26 July 2022
See All Example Sentences for withholding tax
Recent Examples of Synonyms for withholding tax
Noun
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The Revenue Act also created the modern income tax system with a one-percent tax on workers earning more than $3,000 per year, the equivalent of $94,909 in 2024.—
Mike Patton,
Forbes.com,
25 June 2025
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After that, the county can figure out where the income tax revenue should be divvied up.—
Doug Ross,
Chicago Tribune,
25 June 2025
Noun
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Further proof was last month’s city property tax lien sale.—
Alva Badillo,
New York Daily News,
29 June 2025
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The areas are seen as having potential for property tax growth and where investment in infrastructure can possibly lead to substantial economic development benefits.—
Hema Sivanandam,
Mercury News,
27 June 2025
Noun
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Installment sale tax treatment allows sellers to recognize capital gains incrementally over time rather than in a single tax year.—
Shane Styne,
Forbes.com,
16 Apr. 2025
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The payments sent back $250 to single tax filers and $375 to head-of-household filers.—
Chris McKenna,
USA TODAY,
10 Dec. 2024
Noun
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Equal Ground Action Fund Executive Director Genesis Robinson told Newsweek that forcing people to pay for documents equates to a poll tax.—
David Faris,
MSNBC Newsweek,
11 Apr. 2025
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However, under the act, many people would have to pay to get copies of their documents, which could result in a pay-to-vote situation akin to a poll tax.—
William Lambers,
Newsweek,
7 Mar. 2025
Noun
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Meanwhile, city officials agreed to offer five-year sales tax rebates of up to 45% to incentivize the opening of grocery stores in lower-income neighborhoods.—
Jeff McDonald,
San Diego Union-Tribune,
28 June 2025
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There could be a sales tax election in Clay County or Jackson County.—
Chris Higgins,
Kansas City Star,
26 June 2025
Noun
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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
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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
Noun
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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
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Signal Cleveland reports Council President Blaine Griffin and County Executive Chris Ronayne are in talks to raise the sin tax, which would require a change to state law.—
Sam Allard,
Axios,
5 Dec. 2024
Cite this Entry
“Withholding tax.” Merriam-Webster.com Thesaurus, Merriam-Webster, https://www.merriam-webster.com/thesaurus/withholding%20tax. Accessed 5 Jul. 2025.
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