Withholding Tax
外汇网2021-06-19 14:17:50
146
1. Income tax withheld from employees' wages and paid directly to the government by the employer.2. A tax levied on income (interest and pidends) from securities owned by a non-resident. 1. The amount withheld is a credit against the income taxes the employee must pay during the year. 2. Tax is deducted not only from pidends, but from other income paid to non-residents of a country.
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