How to Use withholding tax in a Sentence

withholding tax

noun

• Surges in stock prices have led to big jumps in non-withholding tax revenue.
  — Washington Post, 19 May 2021
• Of this, $30 million was due to a unique withholding tax payment in the recent quarter.
  — Beth Kindig, Forbes, 13 May 2022
• The payroll withholding tax in Strongsville is 2 percent.
  — Bob Sandrick, cleveland, 21 Sep. 2021
• The withholding tax on banks’ commercial papers went up to 15% from 10%.
  — Tugce Ozsoy, Bloomberg.com, 26 May 2020
• One was for a tax on the turnover rather than the profits of digital firms, another would put a levy on online ads, and a third would impose a withholding tax on payments to internet firms.
  — Reuters, Fortune, 21 Sep. 2017
• That’s because paying the tax man as a gig worker isn’t as simple as for employees, whose bosses withhold taxes from their paychecks.
  — Aimee Picchi, USA TODAY, 4 Apr. 2018
• The Anglo-Dutch firm has been in a long-running tussle with the Dutch authorities over the country's 15% dividend withholding tax, which Shell sought to avoid paying with its two share classes.
  — Reuters, CNN, 15 Nov. 2021
• Global funds who pay withholding tax on investments should be able to get by with just one payment receipt, rather than having to file a separate tax return.
  — Shruti Srivastava, Bloomberg.com, 9 Oct. 2017
• For instance, if one spouse withholds taxes but the other pays, does filing separately at year's end afford any layer of protection to the paying spouse?
  — Liz Weston, OregonLive.com, 7 Jan. 2018
• To put tax cuts into workers’ pockets faster, U.S. officials have revised the tables that employers use to withhold taxes from paychecks.
  — Laura Saunders, WSJ, 30 Mar. 2018
• Thus, how diligent Riot is in withholding taxes from its players is something Gordon questions.
  — Washington Post, 15 Jan. 2020
• The move will enable investors to avoid a new withholding tax on dividends, which is positive, but Shell is seeking more than just a favorable tax environment.
  — David Trainer, Forbes, 21 Dec. 2021
• In the subject to tax rule, there could potentially be an additional 7.5 percent to 9 percent of withholding tax or some additional tax.
  — Tax Notes Staff, Forbes, 14 Sep. 2021
• But under current rules Thailand also imposes withholding tax on all employees – at the rate of 10% for foreigners.
  — Patrick Frater, Variety, 27 June 2022
• And there could be Constitutional issues involved if an employer is withholding tax from wages earned by an employee for a city in which the employee neither works nor resides.
  — Robert Higgs, cleveland, 21 Apr. 2020
• Take time now to decide and allocate money needed for employee bonuses and withholding taxes.
  — Nathan Corbitt, ajc, 6 Nov. 2017
• Meaning, the shipping companies don’t withhold taxes or pay benefits.
  — Ed Wallace, star-telegram, 3 Feb. 2018
• Iowa lawmakers are mulling withholding tax credits for social media companies that censor users.
  — Bryan Schott, The Salt Lake Tribune, 21 Sep. 2021
• The comptroller’s office began withholding tax revenues from Harvey in February, as is required by law, after its police pension fund certified that the city was late in its pension payments.
  — Zak Koeske, Daily Southtown, 17 Apr. 2018
• Often workers in the gig economy — freelancers, the self-employed, investors, retirees and others — may need to make estimated payments because a substantial part of their income is not subject to withholding tax.
  — Susan Tompor, Detroit Free Press, 3 July 2020
• On the other hand, data from the report showed that withholding tax rates on interest were often considerably reduced under Irish treaties and its competitors, in some instances leaving source states with no residual taxing rights.
  — Nana Ama Sarfo, Forbes, 17 May 2021
• Some big states, including California, don’t withhold taxes from lottery winnings, and some like Texas don’t have individual income taxes at all.
  — Scott McFetridge, The Seattle Times, 22 Oct. 2018
• Growers and dealers who circumvent the legal system could be withholding tax money from the public, polluting the environment and endangering public health with products that have not been vetted.
  — Rachel Swan, San Francisco Chronicle, 1 Oct. 2021
• There may be new withholding tax implications on royalties, which already exist on touring income, from certain European Union countries.
  — Billboard Staff, Billboard, 22 Feb. 2021
• State incentives include $17 million, to be awarded over 12 years, involving reimbursements of withholding taxes for the new jobs, provided the company meets job-creation and investment targets.
  — Deon Roberts, charlotteobserver, 13 Sep. 2017
• Kansas and Missouri have similar tax break programs that allow companies to keep 95 percent of employee withholding taxes as an inducement to attract new companies and keep existing ones.
  — Mark Davis, Lynn Horsley and Steve Vockrodt, kansascity, 15 Sep. 2017
• The tax agency historically has not gone after individual workers if their employer was at fault for not withholding taxes, specialists said.
  — Kay Lazar, BostonGlobe.com, 4 June 2018
• However, these digital businesses typically don't withhold taxes for workers.
  — Russ Wiles, azcentral, 23 Feb. 2020

Last Updated: 24 Jul 2024