Withholding tax and gross-up: Difference between revisions

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{{a|boilerplate|{{image|Rickroll|jpg|I'm [[never gonna gross you up]].}}}}
{{a|boilerplate|{{image|Rickroll|jpg|I'm [[never gonna gross you up]].}}}}==Withholding tax==
==Withholding tax==
A form of [[tax]] in which the payer of an amount of money (often interest payment or a dividend) is must withhold a portion of that payment and remit it to the tax authorities on the payee's behalf.
A form of [[tax]] in which the payer of an amount of money (often interest payment or a dividend) is must withhold a portion of that payment and remit it to the tax authorities on the payee's behalf.