The tax payable on payments such as dividends, interest and debt repayments, sent to foreign entities.

tax deducted at source from payments such as dividends.

Foreign tax which is deducted in the foreign country when income is paid to you.

A tax on income that is levied at the source, thus diverted to the government before the recipient of the income ever sees it. Used in international tax treaties to assist tax collection.

Tax deducted from dividends in the US, Canada and other countries, when these are paid to non-residents. It can be reclaimed under certain conditions. XD An abbreviation commonly used to signify that a share is trading ex-dividend.

It generally refers to taxes on payments sent to foreign entities in respect of items such as dividends and interest income.

Tax on income imposed at source. For example, interest payments from the UK to foreigners may have tax withheld and remitted to the Inland Revenue.

The amount of money a financial institution is legally obliged to withhold at source and remit to Revenue Canada on funds withdrawn from an RSP, or on RIF income payments which exceed the minimum annual income payment amount.

tax deducted at the source on interest, dividend and royalty payments made to non-residents, and certain investments or payments to residents where the recipient has not provided their Tax File Number to the payer.

Tax deducted by many countries from income payments such as dividends, interest and royalties. May be offset, reduced or negated by Double Taxation Relief.

Tax deducted in some countries from dividends paid to non-residents of those countries. Individuals may be able to claim it back under certain conditions.

Tax deducted at source on the payment of dividends or interest.

A tax deducted from a worker's wages. Usually used to refer only to the household worker's federal, state, and local income taxes that are deducted from wages, but sometimes used to refer to all taxes deducted from wages.

The tax on payments sent to foreign entities covering incidentals such as dividends, debt repayments and interest.

A tax levied by a country of source on income paid, usually on dividends remitted to the home country of the firm operating in a foreign country.

1. Income tax withheld from employees' wages and paid directly to the government by the employer. 2. A tax levied on income (interest and dividends) from securities owned by a non-resident.

Tax deducted from income paid to non-residents. (usually 15%). This may be offset table against the investor's individual income tax liability if double taxation treaties between the country of the payee and the investor's country of residence exist.

Tax deducted from dividends on investments which are paid to investors who are non-residents. Tax can often be reclaimed if there is a double taxation agreement with the investor's country.

The Internal Revenue Service (IRS) requires financial nstitutions to report all client's social security numbers, interest and dividend payments and sale proceeds. This practice applies to all US citizens and resident aliens. Those clients who have not furnished a W-9 or W-8 form to the institution are subject to withholding tax--also known as "backup withholding".

The principle of a withholding tax is that it is withheld (retained) by the payer and given directly to the taxation authorities. The payee is given only the balance. The primary motivation is to reduce tax evasion or failure to pay.