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08:13 Nov 21, 2008
English to Polish translations [PRO] Bus/Financial - Law: Taxation & Customs
English term or phrase:withholding tax
Is it a general term for any tax which is withheld or a tax on corporated income earned in a given country and withheld from non-resident taxpayers? Such are taxes withheld from Licensors (taxpayers) on their royalties paid by Licensees (witholding agents) in countries which Licensors do not reside in.