| 词汇 | backup-withholding |
| 释义 | backup withholding noun[ U ] ukus TAX in the US, a system in which the tax on the income from some types of investment is sent directly to the tax authority, for example when a bank does not have all the information it needs about the person paying the tax: Under the backup withholding rules, the business or bank must withhold on a payment if the payee did not provide a taxpayer identification number. Examples of backup withholdingbackup withholding The second purpose is to help the payee avoid backupwithholding. From Wikipedia This example is from Wikipedia and may be reused under a CC BY-SA license. To insure that shareholders pay tax on dividends, two withholding tax provisions may apply: withholding tax on foreign shareholders, and backupwithholding on certain domestic shareholders. From Wikipedia This example is from Wikipedia and may be reused under a CC BY-SA license. These examples are from corpora and from sources on the web. Any opinions in the examples do not represent the opinion of the Cambridge Dictionary editors or of Cambridge University Press or its licensors. |
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