| 释义 |
Definition of resident withholding tax in English: resident withholding taxnoun mass nounNZ A tax deducted at source from interest and dividends paid to New Zealand residents. if the income is retained for 4 years, it becomes subject to resident withholding tax Example sentencesExamples - Since Labour became the Government, income tax has gone up, fringe benefit tax is up, trust income tax is up, and resident withholding tax is up.
- What about resident withholding tax on interest and dividends?
- There is a raft of new taxes ranging from fringe benefit tax, trust income tax, resident withholding tax, tobacco tax, and sherry tax, and increased rates of taxation on petrol and alcoholic beverages.
- Secondary tax and resident withholding tax rates will also be reduced from October 1.
- And there were Accident Compensation Corporation (ACC) levies, ACC motor vehicle levies, a petrol ACC levy, and the resident withholding tax.
- They pay resident withholding tax on interest and PAYE on salary and wages.
- Distributed earnings are subject to resident withholding tax at a rate of 33 percent.
- Our term deposits are invested under the names of our children and therefore paying a lower Resident Withholding Tax rate on the interest earnings (as they have no other income).
- Resident withholding tax - the deduction rate on interest and dividends is either 19.5 % or 33 % to 39 %.
- It is not legitimate for a parent to invest their own money in their children's names in order to pay a lower rate of Resident Withholding Tax.
|