What's the difference between tax and withholding?

Tax


Definition:

  • (n.) A charge, especially a pecuniary burden which is imposed by authority.
  • (n.) A charge or burden laid upon persons or property for the support of a government.
  • (n.) Especially, the sum laid upon specific things, as upon polls, lands, houses, income, etc.; as, a land tax; a window tax; a tax on carriages, and the like.
  • (n.) A sum imposed or levied upon the members of a society to defray its expenses.
  • (n.) A task exacted from one who is under control; a contribution or service, the rendering of which is imposed upon a subject.
  • (n.) A disagreeable or burdensome duty or charge; as, a heavy tax on time or health.
  • (n.) Charge; censure.
  • (n.) A lesson to be learned; a task.
  • (n.) To subject to the payment of a tax or taxes; to impose a tax upon; to lay a burden upon; especially, to exact money from for the support of government.
  • (n.) To assess, fix, or determine judicially, the amount of; as, to tax the cost of an action in court.
  • (n.) To charge; to accuse; also, to censure; -- often followed by with, rarely by of before an indirect object; as, to tax a man with pride.

Example Sentences:

  • (1) Virtually every developed country has some form of property tax, so the idea that valuing residential property is uniquely difficult, or that it would be widely evaded, is nonsense.
  • (2) Not only do they give employers no reason to turn them into proper jobs, but mini-jobs offer workers little incentive to work more because then they would have to pay tax.
  • (3) Paradoxically, each tax holiday increases the need for the next, because companies start holding ever greater amounts of their tax offshore in the expectation that the next Republican government will announce a new one.
  • (4) But the wounding charge in 2010 has become Brown's creation of a structural hole in the budget, more serious than the cyclical hit which the recession made in tax receipts, at least 4% of GDP.
  • (5) We want to be sure that the country that’s providing all the infrastructure and support to the business is the one that reaps the reward by being able to collect the tax,” he said.
  • (6) Meanwhile, reductions in tax allowances on dividends for company shareholders from £5,000 down to £2,000 represent another dent to the incomes of many business owners.
  • (7) Brown's model, which goes far further than those from any other senior Labour figure, and the modest new income tax powers for Holyrood devised when he was prime minister, edge the party much closer to the quasi-federal plans championed by the Liberal Democrats.
  • (8) Writing in the Observer , Schmidt said his company's accounts were complicated but complied with international taxation treaties that allowed it to pay most of its tax in the United States.
  • (9) "There is a serious risk that a deal will be agreed between rich countries and tax havens that would leave poor countries out in the cold.
  • (10) Photograph: Guardian The research also compiled data covered by a wider definition of tax haven, including onshore jurisdictions such as the US state of Delaware – accused by the Cayman islands of playing "faster and looser" even than offshore jurisdictions – and the Republic of Ireland, which has come under sustained pressure from other EU states to reform its own low-tax, light-tough, regulatory environment.
  • (11) Cameron also used the speech to lambast one of the central announcements in the budget - raising the top rate of tax for people earning more than £150,000 to 50p from next year.
  • (12) It ignores the reduction in the wider, non-NHS cost of adult mental illness such as benefit payments and forgone tax, calculated by the LSE report as £28bn a year.
  • (13) The issue has been raised by an accountant investigating the tax affairs of the duchy – an agricultural, commercial and residential landowner.
  • (14) Proposals to increase the tax on high-earning "non-domiciled" residents in Britain were watered down today, after intense lobbying from the business community.
  • (15) We know that several hundred thousand investors are likely to want to access their pension pots in the first weeks and months after the start of the new tax year.
  • (16) Profit for the second quarter was £27.8m before tax but the club’s astronomical debt under the Glazers’ ownership stands at £322.1m, a 6.2% decrease on the 2014 level of £343.4m.
  • (17) "The Republic genuinely wishes Northern Ireland well and that includes the 12.5% corporate tax rate," he said.
  • (18) Initial analysis suggests that about one-fifth of gross costs would be directly returned to the public purse via income tax and national insurance payments.
  • (19) Gordon Brown believes that the fact of the G20 summit has persuaded many tax havens, such as Switzerland and Liechtenstein, to indicate that they will adopt a more open approach.
  • (20) This includes cutting corporation tax to 20%, the lowest in the G20, and improving our visa arrangements with a new mobile visa service up and running in Beijing and Shanghai and a new 24-hour visa service on offer from next summer.

Withholding


Definition:

  • (p. pr. & vb. n.) of Withhold

Example Sentences:

  • (1) It is concluded that there is no pharmacokinetic indiction for withholding OCs from women with early active schistosomiasis who are concurrently receiving antischistosmal drugs.
  • (2) Already the demand for such a liturgy is growing among clergy, who are embarrassed by having to withhold the church's official support from so many of their own flock who are in civil partnerships.
  • (3) "The default switch should be set to release information unless there is an extremely good reason for withholding it.".
  • (4) Iowa senator Chuck Grassley, the Republican who chairs the Senate judiciary committee, introduced legislation on Tuesday that would crack down on jurisdictions that provide safe harbor for undocumented migrants by withholding some federal funding for state and local entities if they decline to cooperate with the government on the holding or transferring of undocumented migrants with criminal records.
  • (5) In the stringent E. coli, strain 15 TAU (thymine-arginine-uracil) rel A+ (arginine), withholding thymine did not affect the rate of killing.
  • (6) The Natural Death Act amendments authorize the withholding and withdrawal of life-sustaining procedures from patients with incurable or irreversible conditions if death will result within a relatively short time without use of such procedures.
  • (7) Recent activities by some to decry clinical trials as unethical and restrict their conduct results in the totally unacceptable situation of withholding potentially valuable treatments from patients or subjecting patients to the unnecessary risks of treatments not proven safe and efficacious.
  • (8) While ethicists view the withholding and withdrawing of life-supporting treatment as morally equivalent, physicians tend to make a distinction based on the perceived locus of moral responsibility for the patient's death.
  • (9) It is argued that the evidence for withholding rifampicin from use in short courses against non-tuberculous infections is slight.
  • (10) Dear British public, be outraged, act, withhold your money until you can have confidence in what you consume.
  • (11) These findings support the construct and predictive diagnostic validity of nonfearful panic disorder as a subtype of panic disorder and suggest that a lack of attention to this group leads to both the underestimation of the prevalence of panic disorder and to the withholding of potentially successful treatments for this group.
  • (12) Kenyan human rights lawyers described how potential witnesses have been cajoled and bullied into withholding their testimony.
  • (13) We found that 26% of 508 neurons in both parts of the striatum were activated during the presentation of visual signals which prepared the animals for the execution or withholding of individual arm reaching movements.
  • (14) The Financial Reporting Council also asked for views on companies being able to recover or withhold bonuses from top directors and to explain when publishing the votes at annual meetings how they intend to head off any rebellions in the future.
  • (15) This study was performed to assess the prevalence of deep vein thrombosis (DVT) in consecutive obstetric patients with clinical symptoms of DVT, using impedance plethysmography (IPG) as the diagnostic method and to establish the safety of withholding anticoagulant therapy in patients with a repeatedly normal IPG.
  • (16) The daily newspaper Haaretz reported on Saturday that Israel had decided to withhold the taxes it collects for the Palestinians under the current interim peace accords and transfers each month to the Palestinian Authority.
  • (17) Results show that this method of attachment is reliable and strong enough to withhold forces exceeding those necessary to break or tear the cell.
  • (18) This information was transmitted to a hospital-based telemetry physician who diagnosed or excluded acute myocardial infarction and made a mock decision to withhold or administer a thrombolytic agent.
  • (19) Neurons were found which remained active during the time period for which the monkey had to withhold eye movements while remembering desired target locations.
  • (20) Among a "toolbox" of actions under consideration are: • full or partial annulment of the Oslo Accords, under which the Palestinian Authority (PA) was established • withholding tax revenues Israel collects on behalf of the PA • cancellation of permits for thousands of Palestinian labourers to work in Israel • withdrawal of travel privileges for senior PA officials • acceleration of building programmes in West Bank settlements • unilateral annexation of the main Jewish settlement blocks.

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