Business terms and jargon explained. Your business dictionary

What is Withholding Tax

This is tax that is deducted from source. This means the tax is taken off before payment is made. This happens to payments of interest and dividends to non-residents.

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Term created / updated 2005-07-16 23:12:15

Knowledge is the key to success. That is why we have gone to great lengths to get you these business terms, and to explain them in Plain English so it is very easy to understand. Getting the right understanding and knowing your business jargon will keep you informed among your peers.

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