as in income tax
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Recent Examples of withholding tax
Import taxes on movies may look in some way like some sort of withholding tax on royalties, for example.
—
Tax Notes Staff, Forbes.com, 20 May 2025
Zhao points to instances where companies have threatened governments or regions with economic consequences, such as withholding tax revenue, if regulations are imposed.
—Hessie Jones, Forbes.com, 3 Apr. 2025
Under an amendment to the federal law effective Jan. 3, the social security withholding tax of 5.85 percent is being levied against the first $13,200 of salaries and wages.
—Bernice Hoffman, Twin Cities, 7 Feb. 2025
Under the Foreign Account Tax Compliance Act (FATCA), Washington requires foreign financial institutions to disclose their American clients’ financial information to the U.S. Treasury and imposes a 30 percent withholding tax on certain payments to foreign financial institutions that don’t comply.
—Nicholas Shaxson, Foreign Affairs, 13 Feb. 2018
See All Example Sentences for withholding tax
Tax Notes Staff, Forbes.com, 20 May 2025
Zhao points to instances where companies have threatened governments or regions with economic consequences, such as withholding tax revenue, if regulations are imposed.
—Hessie Jones, Forbes.com, 3 Apr. 2025
Under an amendment to the federal law effective Jan. 3, the social security withholding tax of 5.85 percent is being levied against the first $13,200 of salaries and wages.
—Bernice Hoffman, Twin Cities, 7 Feb. 2025
Under the Foreign Account Tax Compliance Act (FATCA), Washington requires foreign financial institutions to disclose their American clients’ financial information to the U.S. Treasury and imposes a 30 percent withholding tax on certain payments to foreign financial institutions that don’t comply.
—Nicholas Shaxson, Foreign Affairs, 13 Feb. 2018
See All Example Sentences for withholding tax
Recent Examples of Synonyms for withholding tax
Noun
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The president views tariff revenues as a way to help offset the budget deficit increases tied to his recent income tax cuts and generate more domestic factory jobs.—
Sasha Rogelberg,
Fortune,
30 July 2025
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The administration has pushed for tariffs as a way to navigate the budget deficit amid income tax cuts and to boost domestic manufacturing jobs, but analysts have warned that American consumers will be the ones taking on the price hikes.—
Suzanne Blake,
MSNBC Newsweek,
30 July 2025
Noun
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The anticipated property tax revenue is about $600,000 annually, once the development is complete, said Village Administrator Steve Kreklow.—
Cathy Kozlowicz,
jsonline.com,
23 July 2025
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Governor Abbott and many in the Texas Legislature believe that greater restrictions on local spending growth are needed to keep rising property tax burdens in check.—
Patrick Gleason,
Forbes.com,
22 July 2025
Noun
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In this example, $15,000 of MAGI exceeds the $75,000 threshold for a single tax filer.—
Susan Tompor,
USA Today,
21 July 2025
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In 2025, the standard premium is $185 a month for joint tax filers earning $212,000 a year or less ($106,000 or less for single tax filers).—
Steve Hruby,
The Enquirer,
2 July 2025
Noun
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Equal Ground Action Fund Executive Director Genesis Robinson told Newsweek that forcing people to pay for documents equates to a poll tax.—
David Faris,
MSNBC Newsweek,
11 Apr. 2025
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However, under the act, many people would have to pay to get copies of their documents, which could result in a pay-to-vote situation akin to a poll tax.—
William Lambers,
Newsweek,
7 Mar. 2025
Noun
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Lansing stalls on funding Under the bills the Michigan House has passed, its public safety trust fund would dedicate $115 million in state sales tax revenue annually that police departments could use to recruit new officers or buy equipment.—
Andrea May Sahouri,
Freep.com,
25 July 2025
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The state currently has an exemption from November through April; however, the state's 5% sales tax rate applies for the remainder of the year.—
Jessie Opoien,
jsonline.com,
22 July 2025
Noun
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Lord De La Warr paid $179,255 for it (including buyer’s premium and value-added tax) after it was originally estimated to go for between $54,000 and $81,000 by Summers Place Auctions.—
Téa Kvetenadze,
Forbes,
7 Oct. 2021
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The various Indian state governments earn a big portion of their revenue from excise and value-added tax on alcoholic drinks.—
Mimansa Verma,
Quartz,
10 Nov. 2022
Noun
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Those drops, while beneficial for the population, aren’t great for sin tax revenues that depend on those behaviors.—
Kelly Phillips Erb,
Forbes.com,
12 July 2025
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The teams' leases stipulate the public is responsible for repair costs, but the lone funding source — the county sin tax on cigarettes and alcohol — is no longer sufficient to cover their demands.—
Sam Allard,
Axios,
5 Dec. 2024
Cite this Entry
“Withholding tax.” Merriam-Webster.com Thesaurus, Merriam-Webster, https://www.merriam-webster.com/thesaurus/withholding%20tax. Accessed 6 Aug. 2025.
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