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withholding tax

that part of an employee's tax liability withheld by the employer from wages or salary and paid directly to the government.
Also called withholding.
Origin of withholding tax
First recorded in 1940-45
Related forms
unwithholding, adjective Unabridged
Based on the Random House Dictionary, © Random House, Inc. 2018.
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British Dictionary definitions for withholding tax

withholding tax

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
(US) a portion of an employee's tax liability paid directly to the government by the employer
Collins English Dictionary - Complete & Unabridged 2012 Digital Edition
© William Collins Sons & Co. Ltd. 1979, 1986 © HarperCollins
Publishers 1998, 2000, 2003, 2005, 2006, 2007, 2009, 2012
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withholding tax in Culture

withholding tax definition

The tax withheld (or deducted) directly from one's paycheck.

The New Dictionary of Cultural Literacy, Third Edition
Copyright © 2005 by Houghton Mifflin Company.
Published by Houghton Mifflin Company. All rights reserved.
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