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Is withholding tax a direct tax?

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Is withholding tax a direct tax?
yes
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Is Service Tax direct tax?

Is Service Tax direct tax?

no service tax is not a direct tax. b'coz direct tax is directly imposed on person and it can't be transfered on the other person. Service tax is levied on service provided an

How do you compute withholding tax?

There are many ways to do so...questions on why your withholding is what it is should be addressed to whoever is making the calculation, which is done pursuant to the info you

What is the difference between withholding taxes and not withholding taxes?

Withholding taxes are taxes that are subtracted from a payment by a third party before you receive the payment. Examples of this are: your employer takes taxes out of your pay

Why withholding tax is required in SAP?

  Withholding tax is not required in SAP but this functionality available for the countries where it is required. There are two kinds of Withholding tax, Classic and Exten

What is backup withholding tax?

  When a person, such as an employer, makes payments to another person, they must withhold and then pay a specified percentage of this payment to the Internal Revenue Serv

Is income tax a direct tax?

Yes. Income tax is a direct tax. Individuals and businesses pay direct taxes to the government on a regular basis and it is calculated on all sources of income accrued by the
Do you pay taxes on 401k withholdings?

Do you pay taxes on 401k withholdings?

By withholding I will guess that you mean the amounts that you are contributing to your 401K BEFORE income taxes (deferred compensation amount) that will not be subject to the
Is gasoline tax a direct tax?

Is gasoline tax a direct tax?

No, any tax paid to a retail store or gas station is called an  indirect tax. It is an indirect tax because you pay the tax to the  store and they have to pay the tax to the
Is corporate tax direct tax?
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Is corporate tax direct tax?

Corporate tax is a tax on the profits of corporations ( joint stock  companies) . This tax can be collected according to a progressive  scale of taxation ( for example, in t
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What is a withholding tax used for?

Withheld taxes are used for several things. City taxes and state taxes are withheld from one's paycheck. Federal taxes are also withheld from your check. That amount depends o

How do you calculate withholding on your paycheck from your taxes?

So here's where I'm at. I always claimed zero at work and got a big  tax return. I got $8500 or so in 2013. I adjusted it at work  (not sure to what) and got $500 more in my