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Meaning of WITHHOLDING
Pronunciation:
w`ithh'owlding
WordNet Dictionary
Definition:
[n]
the
act
of
deducting
(
taxes
)
from
an
employee
'
s
salary
[n]
the
act
of
holding
back
or
keeping
within
your
possession
or
control
; "
I
resented
his
withholding
permission
"; "
there
were
allegations
of
the
withholding
of
evidence
"
[n]
income
tax
withheld
from
employees
'
wages
and
paid
directly
to
the
government
by
the
employer
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Synonyms:
withholding tax
See Also:
deduction
,
holding
,
income tax
,
keeping
,
pay as you earn
,
PAYE
,
retention
,
subtraction
Legal Dictionary
Definition:
A tax deducted from a salary, wage, or other income on behalf of the government at the time of payment of wages to the person who pays it.
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