NOUN | possession | withholding tax, withholding | income tax withheld from employees' wages and paid directly to the government by the employer |
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Meaning | income tax withheld from employees' wages and paid directly to the government by the employer. | |
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Synonym | withholding | |
Narrower | PAYE, pay as you earn | The British system of withholding tax |
Broader | income tax | A personal tax levied on annual income |
Spanish | impuesto anticipado, retención fiscal |
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