For Withholding Tax we have terms and definitions in 5 topics. The topics are Accounting, Business, Finance, International Business and International Economics.

Withholding Tax (Accounting)

usually refers to those taxes that are withheld from an employee’s compensation to account for that individuals tax liability on his/her compensation.

Withholding Tax (Business)

1. The money that an employer pays directly to the U.S. government as a payment of the income tax on the employee

Withholding Tax (Finance)

A tax levied by a country of source on income paid, usually on dividends remitted to the home country of the firm operating in a foreign country.

Withholding Tax (International Business)

A tax on dividend or interest income that is withheld for payment of taxes in a host country. Payment is typically withheld by the financial institution distributing the payment.

Withholding Tax (International Economics)

A tax on income that is levied at the source, thus diverted to the government before the recipient of the income ever sees it. Used in international tax treaties to assist tax collection.

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