withholding tax

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  • noun

Synonyms for withholding tax

income tax withheld from employees' wages and paid directly to the government by the employer

References in periodicals archive ?
President Anjuman Tajiran Islamabad Chaudhry Kashif said the shutter-down strike was called to protest the imposition of withholding tax on bank transactions.
However, any tax withheld for purposes of the gross basis withholding tax on FDAP income may be used as a credit against amounts due under FATCA rules.
MIT fund payments are subject to a final withholding tax rate of 15 per cent where the fund payment is made to a resident from a country with an effective exchange of information agreement with Australia.
However, the amended bill approved by the NA has imposed a 10 percent withholding tax on commercial consumers.
The government plans to abolish the withholding tax in April 2003 and leave only the other capital gains tax.
The government plans to abolish the withholding tax option in April 2003 and leave only the other capital gains tax.
As investors usually opt to pay the lower withholding tax and avert filing separate tax returns, many commission members consider that the abolition of the withholding tax would further hurt the already reeling stock market by keeping small investors away.
IT IS DOUBTFUL THAT WITHOUt |World War II~ Congress would ever have voted for a tax so intrusive and troublesome," writes ABC's David Brinkley about the withholding tax in Newsweek.
StatRate provides the statutory withholding tax rate plus market variance notes for over 148 markets and will be delivered automatically intra-day to subscribers," said Ross K.
KARACHI -- The trader unions in Karachi have settled their differences over shutter-down strike against the imposition of withholding tax on banking transactions.
ISLAMABAD -- President Mamnoon Hussain Saturday signed an ordinance to reduce the rate of withholding tax on banking transaction from 0.
3 percent withholding tax on issuance of banking instruments like rupee travelers cheques, pay orders and demand drafts etc upon receipt of cash from their customers.
Since the withholding tax rates between the United States and Canada were last revisited in 1995, (2) the United States has negotiated a nil withholding rate for most cross-border interest payments and all non-portfolio dividends under its tax treaty with the United Kingdom.
Both taxpayers incurred a transaction fee from the ADR investment and received a dividend net of the applicable foreign withholding tax.
Whether you are a private investor or an institutional investor your investments are potentially subject to withholding tax.