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{{ | {{a|boilerplate|}}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. | |||
Certain kinds of tax are susceptible to withholding: taxes on interest and dividend payments, for example, as these are neatly determinative and may be clipped a pre-specified rate without any pause for thought. Other taxes are less suitable for withholding: General income tax obligations, the net levels of which depend on one's whole income over a year, for example. These can’t realistically be claimed by withholding, but that won’t stop tax attorneys [[For the avoidance of doubt|avoiding non-existent doubts]] about the risk that some revenue authority, somewhere in the world, contrives some way of doing it. | Certain kinds of tax are susceptible to withholding: taxes on interest and dividend payments, for example, as these are neatly determinative and may be clipped a pre-specified rate without any pause for thought. Other taxes are less suitable for withholding: General income tax obligations, the net levels of which depend on one's whole income over a year, for example. These can’t realistically be claimed by withholding, but that won’t stop tax attorneys [[For the avoidance of doubt|avoiding non-existent doubts]] about the risk that some revenue authority, somewhere in the world, contrives some way of doing it. | ||
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{{ | {{sa}} | ||
*[[ | *[[Gross up]] | ||
*{{isdaprov|Indemnifiable Tax}} | *{{isdaprov|Indemnifiable Tax}} |