What is another word for withholding tax?

Pronunciation: [wɪðhˈə͡ʊldɪŋ tˈaks] (IPA)

Withholding tax, also known as retention tax, is a term used for taxes that are withheld from one's income or payments. In some countries, this tax is referred to as Pay-As-You-Earn (PAYE) tax. The concept of withholding tax is prevalent in many jurisdictions around the world and is typically applied to income from wages, salaries, and other forms of compensation. Other synonyms for this type of tax include deduction tax, source tax, and remittance tax. These terms all refer to the same concept of taxes that are taken from the payer's income by the payer's employer or a third party and paid to the relevant tax authorities.

What are the hypernyms for Withholding tax?

A hypernym is a word with a broad meaning that encompasses more specific words called hyponyms.

What are the hyponyms for Withholding tax?

Hyponyms are more specific words categorized under a broader term, known as a hypernym.
  • hyponyms for withholding tax (as nouns)

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