withholding tax

English - Turkish

Definition of withholding tax in English Turkish dictionary

(Bilim, İlim) Stopaj

(Ticaret) vergiyi kaynakta kesme

stopaj vergisi

Related Terms

employment tax withholding

(Ticaret) istihdam vergisi stopajı

corporation withholding tax

Kurumsal stopaj vergisi

English - English

Definition of withholding tax in English English dictionary

A withholding, a tax withheld from employees' salary and paid to the government. The withheld amount is considered a credit in final taxation

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

A deduction of tax at source from the amount paid out to an investor Required by Revenue Canada for certain amounts paid out to foreign residents and on registered plans

Tax at source For instance, used in connection with withholding tax on interest, i e the interest is disbursed after deducting withholding tax (coupon tax)

Income taxes, Federal, state, and local, that an employer is required to withhold from an employee's salary

A tax levied by a country of source on income paid, usually on dividends remitted to the home country of the firm operating in a foreign country Tax levied on dividends paid abroad

A tax on income that is deducted at source and which the borrower is legally obliged to deduct from its payments of interest on the issued security Writer An individual who sells an option Back to Top

In the context of offshore transactions, a government's imposition of a tax on distributions being made to foreigners The purpose of the tax is to allow the government to make sure it exacts its share of a taxable event before the wealth leaves its shores and moves beyond its control Thus, when a Dutch owner sells his U S condo or office building, the IRS will require that a certain portion of the sale proceeds be taken out to satisfy taxation obligations prior to releasing the remaining proceeds to the Dutch seller Tax treaties between countries vary the basic rates accordingly Tax havens like Nevis have no withholding taxes

The Internal Revenue Service (IRS) requires financial institutions to report all client's social security numbers, interest and dividend payments and sale proceeds This practice applies to all US citizens and resident aliens Those clients who have not furnished a W-9 or W-8 form to the institution are subject to withholding tax--also known as "backup withholding"

Also known as Resident Withholding Tax (NZRWT) The amount the IRD takes from investment interest as prepaid income tax You are required to give the institution your IRD number, or else a punitive withholding tax is applied by the IRD Unless otherwise stated, all rates on this web site are before tax, and before any other charges

A tax imposed by a government's tax authorities on dividends and interest paid

– The amount of money a financial institution is legally obliged to withhold at source and remit to Canada Customs and Revenue Agency (formerly Revenue Canada) on funds withdrawn from an RRSP, or on RRIF income payments which exceed the minimum annual income payment amount

A tax deducted from a worker's wages Usually used to refer only to the household worker's federal, state, and local income taxes that are deducted from wages, but sometimes used to refer to all taxes deducted from wages

A federal tax on the returns of moveable property, lottery winnings and insurance benefits which is levied at source and which is refunded by the Swiss Confederation or the relevant canton to the recipients of payments that have been diminished by such taxation in accordance with the Federal Law on Withholding Tax

A tax levied by a country of source on income paid, usually on dividends remitted to the home country of the firm operating in a foreign country

usually refers to those taxes that are withheld from an employee's compensation to account for that individuals tax liability on his/her compensation

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

Tax deducted from overseas investment income The tax can often be claimed back, either at source or via a reclaim process See also double taxation relief

The amount of money a financial institution is legally obliged to withhold at source and remit to Revenue Canada on funds withdrawn from an RSP, or on RIF income payments which exceed the minimum annual income payment amount Top of Page

tax deducted at source from payments such as dividends

A withholding tax is an amount of money that is taken in advance from someone's income, in order to pay some of the tax they will owe. money that is taken out of your wages as tax

Foreign tax which is deducted in the foreign country when income is paid to you

Related Terms

tax withholding

{i} deduction of taxes from salary before giving the salary to the employee

Hyphenation

with·hold·ing tax

Turkish pronunciation

wîthhōldîng täks

Pronunciation

/wəᴛʜˈhōldəɴɢ ˈtaks/ /wɪθˈhoʊldɪŋ ˈtæks/