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Meaning of "withholding tax" in the English dictionary

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DICTIONARY
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PRONUNCIATION OF WITHHOLDING TAX

withholding tax play
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GRAMMATICAL CATEGORY OF WITHHOLDING TAX

noun
adjective
verb
adverb
pronoun
preposition
conjunction
determiner
exclamation
Withholding tax is a noun.
A noun is a type of word the meaning of which determines reality. Nouns provide the names for all things: people, objects, sensations, feelings, etc.

WHAT DOES WITHHOLDING TAX MEAN IN ENGLISH?

Withholding tax

A withholding tax, also called a retention tax, is a government requirement for the payer of an item of income to withhold or deduct tax from the payment, and pay that tax to the government. In most jurisdictions, withholding tax applies to employment income. Many jurisdictions also require withholding tax on payments of interest or dividends. In most jurisdictions, there are additional withholding tax obligations if the recipient of the income is resident in a different jurisdiction, and in those circumstances withholding tax sometimes applies to royalties, rent or even the sale of real estate. Governments use withholding tax as a means to combat tax evasion, and sometimes impose additional withholding tax requirements if the recipient has been delinquent in filing tax returns, or in industries where tax evasion is perceived to be common. Typically the withholding tax is treated as a payment on account of the recipient's final tax liability.

Definition of withholding tax in the English dictionary

The definition of withholding tax in the dictionary is 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. Other definition of withholding tax is a portion of an employee's tax liability paid directly to the government by the employer.

WORDS THAT BEGIN LIKE WITHHOLDING TAX

withering
witheringly
witherite
witherod
withers
withershins
withheld
withhold
withholden
withholder
withholdment
withies
within
within an ace of
within an inch of
within call
within limits
within-subjects design
withindoors
without

WORDS THAT END LIKE WITHHOLDING TAX

betting tax
capital gains tax
carbon tax
council tax
death tax
departure tax
excise tax
green tax
income tax
inheritance tax
land tax
payroll tax
profits tax
property tax
purchase tax
road tax
sales tax
transfer tax
value-added tax
wealth tax

Synonyms and antonyms of withholding tax in the English dictionary of synonyms

SYNONYMS

Translation of «withholding tax» into 25 languages

TRANSLATOR
online translator

TRANSLATION OF WITHHOLDING TAX

Find out the translation of withholding tax to 25 languages with our English multilingual translator.
The translations of withholding tax from English to other languages presented in this section have been obtained through automatic statistical translation; where the essential translation unit is the word «withholding tax» in English.

Translator English - Chinese

预扣税
1,325 millions of speakers

Translator English - Spanish

retención de impuestos
570 millions of speakers

English

withholding tax
510 millions of speakers

Translator English - Hindi

रोक कर
380 millions of speakers
ar

Translator English - Arabic

الضريبة
280 millions of speakers

Translator English - Russian

подоходный налог
278 millions of speakers

Translator English - Portuguese

retenção na fonte
270 millions of speakers

Translator English - Bengali

কর কর্তন
260 millions of speakers

Translator English - French

retenue à la source
220 millions of speakers

Translator English - Malay

cukai pegangan
190 millions of speakers

Translator English - German

Quellensteuer
180 millions of speakers

Translator English - Japanese

源泉徴収税
130 millions of speakers

Translator English - Korean

원천 징수
85 millions of speakers

Translator English - Javanese

Pajak sing ditahan
85 millions of speakers
vi

Translator English - Vietnamese

thuế khấu trừ
80 millions of speakers

Translator English - Tamil

வரி நிறுத்திவைக்கப்படுகிறது
75 millions of speakers

Translator English - Marathi

रोकड कर
75 millions of speakers

Translator English - Turkish

stopaj vergisi
70 millions of speakers

Translator English - Italian

ritenuta alla fonte
65 millions of speakers

Translator English - Polish

Podatek u źródła
50 millions of speakers

Translator English - Ukrainian

прибутковий податок
40 millions of speakers

Translator English - Romanian

impozit cu reținere la sursă
30 millions of speakers
el

Translator English - Greek

παρακράτηση φόρου
15 millions of speakers
af

Translator English - Afrikaans

weerhouding van belasting
14 millions of speakers
sv

Translator English - Swedish

källskatt
10 millions of speakers
no

Translator English - Norwegian

kildeskatt
5 millions of speakers

Trends of use of withholding tax

TRENDS

TENDENCIES OF USE OF THE TERM «WITHHOLDING TAX»

The term «withholding tax» is regularly used and occupies the 79.391 position in our list of most widely used terms in the English dictionary.
0
100%
FREQUENCY
Regularly used
63
/100
The map shown above gives the frequency of use of the term «withholding tax» in the different countries.
Principal search tendencies and common uses of withholding tax
List of principal searches undertaken by users to access our English online dictionary and most widely used expressions with the word «withholding tax».

FREQUENCY OF USE OF THE TERM «WITHHOLDING TAX» OVER TIME

The graph expresses the annual evolution of the frequency of use of the word «withholding tax» during the past 500 years. Its implementation is based on analysing how often the term «withholding tax» appears in digitalised printed sources in English between the year 1500 and the present day.

Examples of use in the English literature, quotes and news about withholding tax

EXAMPLES

10 ENGLISH BOOKS RELATING TO «WITHHOLDING TAX»

Discover the use of withholding tax in the following bibliographical selection. Books relating to withholding tax and brief extracts from same to provide context of its use in English literature.
1
Foreign Tax and Trade Briefs - International Withholding Tax ...
This latest release of Foreign Tax & Trade Briefs - International Witholding Tax Treaty Guide provides the withholding tax rates for more than 1,800 treaties, worldwide, paid on: • Interest on foreign loans • Dividends • Royalties • ...
Walter H. Diamond, Dorothy Diamond, 2013
2
Systematic Non-Application Fields of the Flat Rate ...
Seminar paper from the year 2011 in the subject Business economics - Accounting and Taxes, grade: keine, -, language: English, abstract: Since the assessment period 2009 the treatment of private capital gains with regard to income tax in ...
Andreas Laux, 2013
3
Retarding Short-Term Capital Inflows Through Withholding Tax
This paper proposes a price-based measure to mitigate the destabilizing impact of the volatility of global capital movements on the domestic economy of a country pursuing sound economic policies. the measure is a withholding tax on all ...
Howell H. Zee, 2000
4
US Withholding Tax: Practical Implications of QI and FATCA
Practical Implications of QI and FATCA Ross K. McGill. adopt the backup withholding responsibility. A QI can adopt this status but equally, it can request that its upstream counterparty (withholding agent) perform this role. As with other aspects ...
Ross K. McGill, 2013
5
Essays on the Bilateral Tax Treaties, Foreign Direct ...
Abdullah Kumas. levels (as opposed to logs).9 Egger et al. (2006) also obtain a signi...cant negative e¤ect of 'new'tax treaties on OECD outbound FDI from 1985– 2000 using a di¤erence- in-di¤erence propensity score matching estimator.
Abdullah Kumas, 2008
6
Explanation of proposed income tax treaty between the United ...
C. Zero Rate of Withholding Tax on Direct Dividends In general When certain conditions are met, the proposed treaty eliminates withholding tax on dividends (" direct dividends") paid by a company that is resident in one treaty country to a ...
7
The Canadian in America: Real-Life Tax and Financial ...
Myth: Withholding Tax Can Be Paid from Outside the RRSP Often an rrsp may contain nothing but investments that you may not want to sell (deferred sales charges, etc.). As a result, you may want to keep all the investments intact and pay the ...
Brian D. Wruk, 2007
8
Taxation of Cross-Border Portfolio Investment Mutual Funds ...
Under the typical structure, the CII invests in securities generating investment income that is subject to little or no withholding tax at source, little or no income tax or withholding tax is imposed at the CII level, opportunities exist for converting  ...
OECD, 1999
9
Introduction to United States International Taxation
The theory behind this approach is that if the investment had been made through a US corporation that had reinvested its earnings and then subsequently liquidated, no dividend withholding tax would have been imposed on the liquidating ...
Paul R. McDaniel, Hugh J. Ault, James R. Repetti, 2005
10
Investment Withholding Tax: Best Practice and Strategies for ...
This work provides a clear and concise explanation of withholding tax and how to leverage best practice to generate improved investment performance.
Ross McGill, 2009

10 NEWS ITEMS WHICH INCLUDE THE TERM «WITHHOLDING TAX»

Find out what the national and international press are talking about and how the term withholding tax is used in the context of the following news items.
1
Withholding tax: Traders to go on strike
Traders and the business community in the city will observe a complete shutter-down strike on Saturday (today) against the imposition of withholding taxes on ... «The Express Tribune, Jul 15»
2
Withholding tax: Deadlock between govt and traders continues
ISLAMABAD: The deadlock between the government and the business community persisted on Wednesday as the government refused to immediately accept ... «The Express Tribune, Jul 15»
3
Actress Emma Thompson, Husband Mull Withholding Taxes After …
Two-time Academy Award–winning actress Emma Thompson may refuse to pay taxes until those implicated in the HSBC tax evasion scandal go to prison, ... «TIME, Feb 15»
4
Casinos: Mass. Withholding Tax On Winnings Will Turn Off …
They say casinos in surrounding states all use lower, federal standards for income tax withholding, making them more appealing to regular players, casual day ... «CBS Local, Apr 14»
5
Scott Walker Proposes $800 Million in Tax Cuts for Wisconsin
Reduce withholding tax for state income taxes by $322.6 million—this will let Wisconsinites keep more of their paychecks. It will put more money in the hands of ... «Americans for Tax Reform, Jan 14»
6
Dublin cut tax burden on multinationals after US lobbying
The changes to Ireland's tax code in July 2010 to exempt certain companies from the withholding tax were introduced as part of a suite of incentives to boost ... «Financial Times, May 13»
7
When Did the IRS Begin Withholding Taxes From Paychecks?
The U.S. tax system is "pay as you go," meaning workers make their payments throughout the year as they earn income. Employers withhold money from ... «Opposing Views, Apr 13»
8
Will Repealing the 3% Withholding Tax Help Businesses Hire?
At last, something Democrats and Republicans agree on -- the 3 percent withholding tax on government contracting businesses was a bad idea. The Senate ... «Entrepreneur, Nov 11»
9
House Votes to Repeal Contractor Withholding Tax
Some Democrats are reluctant to use the Medicaid savings to offset the cost of eliminating the withholding tax, preferring to save the offset for other legislation. «National Journal, Oct 11»
10
The skinny on paying estimated taxes
If you have income that isn't subject to withholding taxes, then you probably should be paying estimated taxes. It doesn't matter whether the untaxed money ... «Bankrate.com, Jan 10»

REFERENCE
« EDUCALINGO. Withholding tax [online]. Available <https://educalingo.com/en/dic-en/withholding-tax>. May 2024 ».
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