Financial Definition of Withholding Tax
Meaning of Withholding Tax
A tax levied by a country of source on income paid, usually on dividends remitted to the home country of the firm operating in a foreign country. Tax levied on dividends paid abroad.
International Trade Meaning and Definition of Withholding Tax
A tax on dividend or interest income that is withheld for payment of taxes in a host country. Payment is typically withheld by the financial institution distributing the payment.
Related Entries of Withholding Tax in the Encyclopedia of Law Project
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Withholding Tax in Historical Law
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Withholding Tax
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