Assessment and Withholding tax

Assessment noun - A charge usually of money collected by the government from people or businesses for public use.

Withholding tax and assessment are semantically related. In some cases you can use "Withholding tax" instead a noun "Assessment".

Nearby Words: assess, assessed, assessable, assessing

Withholding tax noun - Income tax withheld from employees' wages and paid directly to the government by the employer.

Assessment and withholding tax are semantically related. Sometimes you can use "Assessment" instead a noun phrase "Withholding tax".