WITHHOLDING TAX

Pronunciation (US):

(GB):

IPA (US):

 Dictionary entry overview: What does withholding tax mean? 

• WITHHOLDING TAX (noun)
  The noun WITHHOLDING TAX has 1 sense:

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

  Familiarity information: WITHHOLDING TAX used as a noun is very rare.

 Dictionary entry details 

• WITHHOLDING TAX (noun)

Sense 1

Meaning:

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

Classified under:

Nouns denoting possession and transfer of possession

Synonyms:

withholding; withholding tax

Hypernyms ("withholding tax" is a kind of...):

income tax (a personal tax levied on annual income)

Hyponyms (each of the following is a kind of "withholding tax"):

pay as you earn; PAYE (the British system of withholding tax)