Phrases with «foreign withholding»

The phrase "foreign withholding" refers to when a government or organization holds back a portion of money or tax payments made to foreigners or non-residents. This is usually done to ensure that the correct amount of taxes owed to that particular country is accounted for and paid. Full definition

Related phrases

Sentences with «foreign withholding»

  • They correctly point out that's not true: while there are two levels of foreign withholding tax with this structure, investors don't pay twice as much. (moneysense.ca)
  • The change was made specifically to reduce the impact of foreign withholding taxes. (moneysense.ca)
  • It's also more tax - efficient since it holds developed markets stocks directly rather than via an underlying ETF, which results in lower foreign withholding taxes. (moneysense.ca)
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