stoppage at source

: the levying of taxes on the thing sought to be taxed (such as income) at its source rather than on the person who receives the benefit or substance of it

called also collection at source

compare withholding tax

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Dictionary Entries Near stoppage at source

Cite this Entry

“Stoppage at source.” Merriam-Webster.com Dictionary, Merriam-Webster, https://www.merriam-webster.com/dictionary/stoppage%20at%20source. Accessed 30 Nov. 2024.

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