Withholding tax - 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. Tax levied on dividends paid abroad.
Tax deducted at source in earnings, including dividends and interest payments.The UK is resisting efforts by the EU to impose withholding tax on eurobond interest payments. If the EU succeeds, the UK"s strong market position in Eurobonds will be weakened, and a lot of the business will go to a tax territory where withholding tax is not levied.
Withholding tax : 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. tax levied on dividends paid abroad.
tax deducted at source in earnings, including dividends and interest payments.the uk is resisting efforts by the eu to impose withholding tax on eurobond interest payments. if the eu succeeds, the uk"s strong market position in eurobonds will be weakened, and a lot of the business will go to a tax territory where withholding tax is not levied.
Withholding tax