FOLIO Ontology

Identification

IRI:
https://folio.openlegalstandard.org/R7Mm9Zf0HlgIvCoXnWbJoMX
Label Employer Withholding
Preferred Label N/A
Identifier N/A
Alternative Labels

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Definition

Employer withholding refers to the process where employers deduct a portion of an employee's wages or salary to satisfy obligations (e.g., tax obligations, garnishment as a remedy from a prior judgment). In the case of tax obligations, this withheld amount is then remitted to the appropriate tax authorities on behalf of the employee, helping individuals meet their tax liabilities throughout the year.

Class Relationships

Parent Class Of 1

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Additional Information

Metadata

Comment

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Description

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Notes

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Editorial Information

History Note

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Editorial Note

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Deprecated

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Source and Origin

No source or origin information available