A withholding, a tax withheld from employees' salary and paid to the government. The withheld amount is considered a credit in final taxation.
Withholding-tax Sentence Examples
Quarterly Accounting The arrangement whereby withholding tax on coupons is paid shortly after the end of the calendar quarterly Accounting The arrangement whereby withholding tax on coupons is paid shortly after the end of the calendar quarter.
The United Kingdom is remarkable in not imposing any withholding tax on dividends distributed by companies to UK non-resident shareholders.
Dividends received from other countries will be reported gross only to the extent that they have suffered a withholding tax.