withholding tax

Example Sentences

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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
Recent Examples of Synonyms for withholding tax
Noun
  • This raises the possibility that Florida’s lack of a state income tax is not the only—or possibly not even the primary—reason for high-income people to move there.
    Laura Clawson, JSTOR Daily, 7 Mar. 2025
  • The Legislature responded by proposing more than four times that amount this session across three bills, including the income tax cut.
    Carolyn Komatsoulis, Idaho Statesman, 6 Mar. 2025
Noun
  • The property tax agreement says Chula Vista will continue to collect that revenue until LAFCO approves the annexation.
    David Garrick, San Diego Union-Tribune, 13 Mar. 2025
  • By contrast, property tax increases for similar projects for schools require only 55% approval.
    Bill Fulton, The Mercury News, 11 Mar. 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
  • Javier Betancourt, director of the office overseeing the county’s half-percent sales tax for transportation, praised Miller for her extensive state contacts and strong local relationships.
    Douglas Hanks, Miami Herald, 14 Mar. 2025
  • That’s because residents of the new neighborhood would be unlikely to shop and pay sales tax in Chula Vista, since the only access to the neighborhood is from Dennery Road in San Diego, making shopping in San Diego more convenient.
    David Garrick, San Diego Union-Tribune, 13 Mar. 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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“Withholding tax.” Merriam-Webster.com Thesaurus, Merriam-Webster, https://www.merriam-webster.com/thesaurus/withholding%20tax. Accessed 19 Mar. 2025.

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