as in income tax
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Recent Examples of withholding tax
The legislation lifts the current $800 million limit on the total amount of capture income and withholding tax revenues to $1.6 billion.
—
Detroit Free Press, 18 July 2023
The release of $600,000 in withholding tax tied to unrepatriated earnings of its Russian subsidiary increased its tax rate, Kevin Daniels, the company’s chief accounting officer, said in a June 2 letter.
—Mark Maurer, WSJ, 26 July 2022
Later in the day, the governor’s office announced a discrepancy in the budget numbers occurred because a state payroll withholding tax of nearly $2 million was tagged for fiscal year 2021 when it should have been tagged for fiscal year 2020, which caused an inflation in prospective money for 2020.
—Tyler Arnold, Washington Examiner, 2 July 2020
When a studio pays an actor $1 million, it’s required to deduct a 25 percent withholding tax.
—Mike Barnes, The Hollywood Reporter, 15 Aug. 2022
See All Example Sentences for withholding tax
Detroit Free Press, 18 July 2023
The release of $600,000 in withholding tax tied to unrepatriated earnings of its Russian subsidiary increased its tax rate, Kevin Daniels, the company’s chief accounting officer, said in a June 2 letter.
—Mark Maurer, WSJ, 26 July 2022
Later in the day, the governor’s office announced a discrepancy in the budget numbers occurred because a state payroll withholding tax of nearly $2 million was tagged for fiscal year 2021 when it should have been tagged for fiscal year 2020, which caused an inflation in prospective money for 2020.
—Tyler Arnold, Washington Examiner, 2 July 2020
When a studio pays an actor $1 million, it’s required to deduct a 25 percent withholding tax.
—Mike Barnes, The Hollywood Reporter, 15 Aug. 2022
See All Example Sentences for withholding tax
Recent Examples of Synonyms for withholding tax
Noun
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South Carolina House Speaker Murrell Smith (R) introduced legislation last month, H. 4216, that would move South Carolina from a progressive income tax code with a top rate of 6.2% to a flat 3.99% income tax, with revenue triggers established to cut the rate to 2.49% in the coming years.—
Patrick Gleason,
Forbes.com,
25 Apr. 2025
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This is just one of several measures Hungary has taken to support families—others include mortgage deductions, exemption from personal income tax, and a child care allowance for grandparents.—
Thomas G. Moukawsher,
MSNBC Newsweek,
24 Apr. 2025
Noun
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Instead, she’s heard repeatedly that people need relief from high property tax bills.—
Matthew Kelly,
Kansas City Star,
17 Apr. 2025
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Its data centers added $16 billion to Loudoun County’s $174 billion property tax base in 2024, the report said.—
Michelle Fox,
CNBC,
16 Apr. 2025
Noun
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Installment sale tax treatment allows sellers to recognize capital gains incrementally over time rather than in a single tax year.—
Shane Styne,
Forbes.com,
16 Apr. 2025
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The payments sent back $250 to single tax filers and $375 to head-of-household filers.—
Chris McKenna,
USA TODAY,
10 Dec. 2024
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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Elsewhere on the ballot, policy analyst Charlene Wang held 50% of first-place votes in a race to fill an Oakland City Council vacancy, while voters were favoring by 64% a sales tax intended to ease the city’s budget crisis.—
Jakob Rodgers,
Mercury News,
16 Apr. 2025
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Senate Democrats also proposed Monday amendments for housing credits, child care expansion, and exempting sales tax for menstrual products and adult diapers.—
Alexandra Kukulka,
Chicago Tribune,
15 Apr. 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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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
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Signal Cleveland reports Council President Blaine Griffin and County Executive Chris Ronayne are in talks to raise the sin tax, which would require a change to state law.—
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 3 May. 2025.
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