withholding tax

Example Sentences

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Recent Examples of withholding tax The legislation lifts the current $800 million limit on the total amount of capture income and withholding tax revenues to $1.6 billion. Detroit Free Press, 18 July 2023 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 See All Example Sentences for withholding tax
Recent Examples of Synonyms for withholding tax
Noun
  • As Washington raises prices on everything for everybody, in Maryland, our income tax reform plan will ensure that 94% of Marylanders either get a tax cut or see no change in their taxes.
    Wes Moore, Baltimore Sun, 12 Apr. 2025
  • Unless Congress acts, income tax rates will rise across the board.
    Ryan Ellis, Boston Herald, 12 Apr. 2025
Noun
  • Instead, she’s heard repeatedly that people need relief from high property tax bills.
    Matthew Kelly, Kansas City Star, 17 Apr. 2025
  • Its data centers added $16 billion to Loudoun County’s $174 billion property tax base in 2024, the report said.
    Michelle Fox, CNBC, 16 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
  • Academics argue that while the government needs to find ways to raise money, that could come from taxing excess profits rather than a single tax that applies to all employers, big and small.
    Prarthana Prakash, Fortune Europe, 26 Nov. 2024
Noun
  • Equal Ground Action Fund Executive Director Genesis Robinson told Newsweek that forcing people to pay for documents equates to a poll tax.
    David Faris, MSNBC Newsweek, 11 Apr. 2025
  • 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
Noun
  • Elsewhere on the ballot, policy analyst Charlene Wang held 50% of first-place votes in a race to fill an Oakland City Council vacancy, while voters were favoring by 64% a sales tax intended to ease the city’s budget crisis.
    Jakob Rodgers, Mercury News, 16 Apr. 2025
  • Senate Democrats also proposed Monday amendments for housing credits, child care expansion, and exempting sales tax for menstrual products and adult diapers.
    Alexandra Kukulka, Chicago Tribune, 15 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

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Cite this Entry

“Withholding tax.” Merriam-Webster.com Thesaurus, Merriam-Webster, https://www.merriam-webster.com/thesaurus/withholding%20tax. Accessed 26 Apr. 2025.

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