Business Terms and Jargon Explained

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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Perquisite (perk) Corporate Strategy Fixed Assets
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Installment Bounced cheque Financial Ombudsman Service
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Landslide CPU Bid
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Riel Free on board Going Forward
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Term created / updated 2005-07-16 23:12:15

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