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What Is Source Withholding?

2011/1/18 17:00:00 172

Source Withholding Tax And Paying Taxes

  

withholding at source

It means that the payer is the withholding agent.

pay taxes

The practice of withholding taxes on behalf of a person when paying the relevant income.

The biggest advantage of withholding the source is that it can effectively protect the tax source, ensure the state's revenue and prevent stealing.

Tax evasion

Simplify tax procedures.

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