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单词 withholding tax
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withholding tax
withholding tax n. originally U.S. a tax deducted at source, spec. one levied by some countries on interest or dividends paid to a person resident outside that country.
ΘΚΠ
society > trade and finance > fees and taxes > impost, due, or tax > tax > types of tax > [noun] > deducted at source
withholding tax1940
1940 Federal Reporter 2nd Ser. 122 1000/2 Intra-company payments designated as ‘interest’ would not be so regarded..for the purpose of the withholding tax.
1940 Federal Reporter 2nd Ser. 122 1000/2 The principal amount..was due complainant on account of withholding taxes.
1950 Tax Cases XXXIII. 346 The Appellant received her arrears of interest as follows: In June, 1943…$18,000 Less: U.S. withholding tax at 30 per cent…5,400.
1960 I. Wallach Absence of Cello (1961) 7 Will you tell me why the hell you never paid the withholding taxes for your employees?
1971 Financial Mail (Johannesburg) 26 Feb. 717/1 Interest accruing to non-residents of the Republic is subject to deduction of a withholding tax at the rate of 10 per cent, exemption from the tax having been granted in respect of accruals of interest amounting to R20 or less in any one year.
1979 Daily Tel. 27 Oct. 27/1 Many foreign countries have tax laws, which, in principle, require the foreign payer of the dividends or interest to deduct a withholding tax when making the payment to a non-resident.
1984 Times 5 Oct. 25/1 The German withholding tax was introduced in 1965 to prevent an overvaluation of the Deutschemark injurious to exports.
extracted from withholdingn.
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