as in income tax
Synonyms & Similar Words
Relevance
Example Sentences
Examples are automatically compiled from online sources to
show current usage.
Read More
Opinions expressed in the examples do not represent those of Merriam-Webster or its editors.
Send us feedback.
Recent Examples of withholding tax
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
Regardless of which option the player takes, the IRS enforces a minimum 24% federal withholding tax on lottery winnings.
—George Petras, USA TODAY, 10 Jan. 2023
See All Example Sentences for withholding tax
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
Regardless of which option the player takes, the IRS enforces a minimum 24% federal withholding tax on lottery winnings.
—George Petras, USA TODAY, 10 Jan. 2023
See All Example Sentences for withholding tax
Recent Examples of Synonyms for withholding tax
Noun
-
The second type of problem involved individual taxpayers who faced tax time headaches when trying to claim the credit when filing 2024 income tax returns.—
Susan Tompor,
USA Today,
31 Mar. 2025
-
Arizona and North Dakota (both 2.5%) have the lowest among states with an income tax.—
Alex Fitzpatrick,
Axios,
28 Mar. 2025
Noun
-
Smith said the decline led to a $25-million annual loss in property tax revenue, and that loss will compound over the next few years.—
Jack Flemming,
Los Angeles Times,
4 Apr. 2025
-
The new apartments will be built in an area already designated as a TIF district, which means the developers can get access to some of the money from excess property tax revenue as the area increases in value to help with redevelopment costs.—
Taylor O’Connor,
Kansas City Star,
3 Apr. 2025
Noun
-
The payments sent back $250 to single tax filers and $375 to head-of-household filers.—
Chris McKenna,
USA TODAY,
10 Dec. 2024
-
This strategy, involves clustering donations in a single tax year to surpass the standard deduction and make itemizing worthwhile.—
James Brewer,
Forbes,
26 Nov. 2024
Noun
-
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
-
Prior to council tax, there was poll tax which was so wildly unpopular, people began rioting across England.—
Tanyel Mustafa,
refinery29.com,
12 Jan. 2024
Noun
-
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
-
Call it a roughly 15% national sales tax that someone has to pay.—
Erik Sherman,
Forbes.com,
7 Apr. 2025
Noun
-
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
-
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
-
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
-
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 15 Apr. 2025.
Copy CitationLove words? Need even more definitions?
Merriam-Webster unabridged
Share