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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As Washington raises prices on everything for everybody, in Maryland, our income tax reform plan will ensure that 94% of Marylanders either get a tax cut or see no change in their taxes.—
Wes Moore,
Baltimore Sun,
12 Apr. 2025
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Unless Congress acts, income tax rates will rise across the board.—
Ryan Ellis,
Boston Herald,
12 Apr. 2025
Noun
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Downtown office properties have long been a cornerstone of property tax revenue.—
Kenneth R. Gosselin,
Hartford Courant,
24 Mar. 2025
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The south suburbs in general face a property tax emergency after last year’s spike in residential tax bills, and in the face of that crisis some communities sadly are seeking leaders who can minimally function.—
The Editorial Board,
Chicago Tribune,
23 Mar. 2025
Noun
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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
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Academics argue that while the government needs to find ways to raise money, that could come from taxing excess profits rather than a single tax that applies to all employers, big and small.—
Prarthana Prakash,
Fortune Europe,
26 Nov. 2024
Noun
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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
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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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Trump's across-the-board tariffs will function like a national sales tax, driving up the cost of everyday necessities, including the food, medicine, clothing, and other essentials that families rely on just to get by.—
Hannah Parry,
MSNBC Newsweek,
8 Apr. 2025
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Call it a roughly 15% national sales tax that someone has to pay.—
Erik Sherman,
Forbes.com,
7 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 20 Apr. 2025.
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