withholding :

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withholding

with hohl ding

  • n  the act of deducting from an employee's salary
  • n  income tax withheld from employees' wages and paid directly to the government by the employer
  • 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
  • v  hold back; refuse to hand over or share
    The father is withholding the allowance until the son cleans his room
  • v  retain and refrain from disbursing; of payments
    My employer is withholding taxes

  • The new legislation ends the withholding, making the investments tax-free to overseas buyers.
  • The withholding issue now goes back to the Senate Finance Committee, which will decide this week whether to recommend acceptance of the House repeal in conference committee.
  • The new 20% withholding tax developed a sudden and unexpected hitch.
News & Articles

Quotes

  • Erik Prince in Washington Post
    Beyond firing him for breaking the rules, withholding any funds we can, we can't flog him,Prince said of the intoxicated Blackwater guard. "We can't incarcerate him. We can't do anything beyond that."
  • Henry Waxman in Guardian Unlimited
    By classifying its armed guards and other personnel as independent contractors instead of employees, Blackwater has apparently evaded withholding and paying these taxes,Waxman, D-Calif., wrote in a letter to Blackwater chief Erik Prince.

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