All posts of tag: IncomeTaxDeduction

Types of income subjected to withholding tax

1970-01-01 - 1970-01-01

Income that is subject to withholding tax can be categorized

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Withholding Income Tax

1970-01-01 - 1970-01-01

"Withholding income tax" refers to a method of prepaid tax collection. The law mandates that the payor must deduct taxes from the income paid to the recipient each time such income is disbursed.

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