Withholding Tax

Hebrew translation: ניכוי מס במקור

17:08 Nov 9, 2012
English to Hebrew translations [PRO]
Bus/Financial - Law: Taxation & Customs
English term or phrase: Withholding Tax
According to Wikipedia, "withholding tax" is a tax that must be deducted from certain types of income prior to them being paid. Is this the same as "ניכוי מס במקור"? Does the Hebrew term applies to items of income aside for wages?

Due to confidentiality, I can not give the full sentence. However, it mentions withholding tax on licensing revenues.
Alon Elkin
Israel
Local time: 06:49
Hebrew translation:ניכוי מס במקור
Explanation:
you're correct ניכוי מס במקור is 'withholding tax' and it would apply to any amount required to be withheld at source, including licensing revenue.
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Jonathan Dictrow
Israel
Local time: 06:49
Grading comment
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4 KudoZ points were awarded for this answer



Summary of answers provided
5 +7ניכוי מס במקור
Jonathan Dictrow


  

Answers


3 mins   confidence: Answerer confidence 5/5 peer agreement (net): +7
withholding tax
ניכוי מס במקור


Explanation:
you're correct ניכוי מס במקור is 'withholding tax' and it would apply to any amount required to be withheld at source, including licensing revenue.

Jonathan Dictrow
Israel
Local time: 06:49
Specializes in field
Native speaker of: Native in HebrewHebrew, Native in EnglishEnglish
PRO pts in category: 4
Grading comment
Selected automatically based on peer agreement.

Peer comments on this answer (and responses from the answerer)
agree  Yevgeniy Y. Zingerman
5 mins

agree  Donn Hyman (X)
5 mins

agree  Hezy Mor
15 mins

agree  Moti Marom
15 mins

agree  Joab Eichenberg-Eilon
19 mins

agree  Lingopro
1 hr

agree  Yiftah Hellerman-Carmel
2 hrs
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