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withholding tax
(redirected from Withholding taxes)

   Also found in: Legal, Financial, Wikipedia, Hutchinson 0.02 sec.
withholding tax
n
1. (Economics, Accounting & Finance / Banking & Finance) tax deducted at source from income, esp from dividends, paid to nonresidents of a country, which may be reclaimed if a double-taxation agreement exists between the country in which the income is paid and the country of residence of the recipient
2. (Business / Industrial Relations & HR Terms) US a portion of an employee's tax liability paid directly to the government by the employer
ThesaurusLegend:  Synonyms Related Words Antonyms
Noun1.withholding tax - income tax withheld from employees' wages and paid directly to the government by the employer
income tax - a personal tax levied on annual income
pay as you earn, PAYE - the British system of withholding tax
Translations
withholding tax (US) → (vom Arbeitgeber) einbehaltene Steuer


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