withholding tax
noun
that part of an employee's tax liability withheld by the employer from wages or salary and paid directly to the government.
withholding taxes
-
pluralof withholding tax.plural
The grammatical form denoting more than one person, place, thing, or idea.
Example Sentences
Examples are provided to illustrate real-world usage of words in context. Any opinions expressed do not reflect the views of Dictionary.com.
“If you have unpaid withholding taxes, the business owner becomes personally liable,” Ms. Clayson said.
From New York Times ● May 1, 2020
"We're expecting a situation where monies are to be refunded, withholding taxes are to be repaid. Ambulances that had to be supplied - we're not aware that they've been supplied," she says.
From BBC ● Jan. 23, 2017
For the div-arb deals to work, shares must be loaned to a German fund or bank that doesn’t face withholding taxes or can file for a refund if they are withheld.
From Washington Post ● May 3, 2016
Still, clients flocked to SEFT’s pioneering trading strategies, some of which helped customers reduce withholding taxes on stock dividends.
From The Wall Street Journal ● Jan. 7, 2016
The five Bang! stores in Kansas, doing business as United Outlets LLC, owe $163,986 in sales, income and withholding taxes, said Kansas Department of Revenue spokeswoman Jeannine Koranda.
From Reuters ● Sep. 25, 2014
