withholding

withholding
a) The deduction of taxes from an employees salary.
b) The tax so deducted, and paid to local or national government.

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  • withholding — index reservation (engagement) Burton s Legal Thesaurus. William C. Burton. 2006 withholding …   Law dictionary

  • Withholding — Withholding, in general, usually refers to a deduction of money (as withholding tax ) from an employee s wages or salary by an employer, for projected or actual Income tax liabilities, see:* PAYE (United Kingdom, Ireland, Australia and New… …   Wikipedia

  • withholding — noun 1. the act of deducting from an employee s salary (Freq. 3) • Derivationally related forms: ↑withhold • Topics: ↑tax, ↑taxation, ↑revenue enhancement • Hypernyms: ↑ …   Useful english dictionary

  • withholding — Used in the context of securities, the illegal practice of a public offering participant keeping some shares in a private account or with a family member, employee, or dealer to profit from the higher market price of a hot issue. Bloomberg… …   Financial and business terms

  • Withholding — Withhold With*hold , v. t. [imp. {Withheld}; p. p. {Withheld}, Obs. or Archaic {Withholden}; p. pr. & vb. n. {Withholding}.] [With again, against, back + hold.] [1913 Webster] 1. To hold back; to restrain; to keep from action. [1913 Webster]… …   The Collaborative International Dictionary of English

  • withholding — with·hold·ing (wĭth hōlʹdĭng, wĭth ) n. A portion of an employee s wages or salary withheld by the employer as partial payment of the employee s income tax. Also called withholding tax. * * * …   Universalium

  • withholding — Deductions from salaries or wages, usually for income taxes and social security contributions, to be remitted by the employer, in the employee s name, to the taxing authority @ withholding of evidence It is an obstruction of justice to stifle,… …   Black's law dictionary

  • Withholding tax — is an amount withheld by the party making payment to another (payee) and paid to the taxation authorities. The amount the payer deducts may vary, depending on the nature of the product or service being paid for. The payee is assessed on the gross …   Wikipedia

  • withholding tax — with·hold·ing tax n: a deduction (as from wages, fees, or dividends) levied at a source of income as advance payment on income tax Merriam Webster’s Dictionary of Law. Merriam Webster. 1996. withholding tax …   Law dictionary

  • withholding tax — withholding taxes N VAR 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. [mainly AM] …   English dictionary

  • withholding approval — index dissenting Burton s Legal Thesaurus. William C. Burton. 2006 …   Law dictionary

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