withholding tax
noun
that part of an employee's tax liability withheld by the employer from wages or salary and paid directly to the government.
Also called
withhold·ing.
Origin of withholding tax
First recorded in 1940–45
OTHER WORDS FROM withholding tax
un·with·hold·ing, adjectiveWords nearby withholding tax
witherite,
withers,
withershins,
witherspoon,
withhold,
withholding tax,
within,
within an ace of,
within bounds,
within call,
within reach
British Dictionary definitions for withholding tax
withholding tax
noun
tax deducted at source from income, esp from dividends, paid to nonresidents of a country, which may be reclaimed if a double-taxation agreement exists between the country in which the income is paid and the country of residence of the recipient
US
a portion of an employee's tax liability paid directly to the government by the employer
Cultural definitions for withholding tax
withholding tax
The tax withheld (or deducted) directly from one's paycheck.