Employer Withholding

Employer Withholding - 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 Information

Identification

Label (rdfs)
Employer Withholding
Preferred Label
None
Alternative Labels
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Definition and Examples

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.
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Class Relationships

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See Also
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Additional Information

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Description
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Notes
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Deprecated
False

Metadata

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