Withholding Tax Definition
wĭth-hōldĭng, wĭth-
noun
The amount of income tax withheld, as payment in advance, from employees' wages or salaries.
Webster's New World
Synonyms:
- withholding
- federal tax
- withholdings
- social security tax
- income tax
Other Word Forms of Withholding Tax
Noun
Singular:
withholding tax
Plural:
withholding taxesRelated Articles
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