as in income tax
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Recent Examples of withholding tax
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.
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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
In several states, including North Carolina, Ohio, and New York, public university systems refer patients to other state agencies for legal action or withholding tax refunds.
—Noam N. Levey, Anchorage Daily News, 27 Dec. 2022
See all Example Sentences for withholding tax 
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
In several states, including North Carolina, Ohio, and New York, public university systems refer patients to other state agencies for legal action or withholding tax refunds.
—Noam N. Levey, Anchorage Daily News, 27 Dec. 2022
See all Example Sentences for withholding tax
Recent Examples of Synonyms for withholding tax
Noun
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To be sure, many drivers do not claim the mileage deduction on their federal income tax returns.Susan Tompor, USA TODAY, 21 Dec. 2024
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Texas has several benefits attracting people that California doesn't offer: the state has no income tax, it's cut off from the Western Interconnection electric system and has been building more new homes, whereas the Golden State is still going through a homelessness crisis and a housing shortage.Gord Magill, Newsweek, 20 Dec. 2024
Noun
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And this is not even factoring in inevitable federal and state cuts that will have an outsized impact on our income and property tax assumptions.Tom Quirk, Baltimore Sun, 23 Dec. 2024
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That includes a $1,000 increase in the maximum homeowner property tax deduction that was previously unsuccessfully pitched by Democrats and an expansion of property tax deductions for seniors and disabled veterans — ideas previously floated by Republicans.Brittany Carloni, The Indianapolis Star, 21 Dec. 2024
Noun
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The payments sent back $250 to single tax filers and $375 to head-of-household filers.Chris McKenna, USA TODAY, 10 Dec. 2024
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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
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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
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But a Venezuelan passport costs more than $300, a price that amounts to a poll tax because few migrants can afford them.John Otis, NPR, 16 Apr. 2024
Noun
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Early 2025 The city will hire the transit improvement plan’s chief program officer, according to the mayor's office. Feb. 1, 2025 The sales tax surcharge of a half cent per dollar will go into effect in Davidson County.Evan Mealins, The Tennessean, 22 Dec. 2024
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The site is expected to generate 800 jobs and about $2.8 million in net sales tax revenue in its first year, increasing to over $9 million by the 10th year.Matthew Geiger, The Denver Post, 21 Dec. 2024
Noun
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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
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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
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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
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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
Thesaurus Entries Near withholding tax
Cite this Entry
“Withholding tax.” Merriam-Webster.com Thesaurus, Merriam-Webster, https://www.merriam-webster.com/thesaurus/withholding%20tax. Accessed 31 Dec. 2024.
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