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withholding taxes

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withholding tax

–noun
that part of an employee's tax liability withheld by the employer from wages or salary and paid directly to the government.
Also called withholding.


Origin:
1940–45
Dictionary.com Unabridged
Based on the Random House Dictionary, © Random House, Inc. 2009.
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Legal Dictionary

Main Entry: with·hold·ing tax
Function: noun
: a deduction (as from wages, fees, or dividends) levied at a source of income as advance payment on income tax
Merriam-Webster's Dictionary of Law, © 1996 Merriam-Webster, Inc.
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