The Tax withholding cardTax withholding

Tax withholding

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Rarity: Uncommon

A topic a little better known than average, read and translated beyond its own country.

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Notion
Domain
Science and technology
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What Wikipedia says

Tax withholding, also known as tax retention, pay-as-you-earn tax or tax deduction at source, is income tax paid to the government by the payer of the income rather than by the recipient of the income. The tax is thus withheld or deducted from the income due to the recipient.

Excerpt from the Wikipedia article “Tax withholding”, under the CC BY-SA 4.0 license. Read the article on Wikipedia

Image: OECD, CC BY-SA 4.0, via Wikimedia Commons.

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