Payroll Tax

United States Tax Concept of Payroll Tax

A tax based on wages, tips, and salaries paid. Your employer deducts a certain amount from your paycheck and pays the rest of these taxes. This tax money funds many finance specific programs. Federal, state, and local governments collect payroll taxes for expenses such as Social Security, Medicare, unemployment compensation, and worker’s compensation insurance.

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Legal English Vocabulary: Payroll Tax in Spanish

Online translation of the English legal term payroll tax into Spanish: impuestos sobre los salarios (English to Spanish translation) . More about legal dictionary from english to spanish online.

Related to the Legal Thesaurus

Payroll Tax

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See Also

• Taxation
• Public Finance
• Public Policy
• Tax Law
• Financial Regulation