Witholding Tax

Withholding tax is a tax levied by a government on certain types of income at the source of payment. It is deducted or withheld by the payer of the income before the funds are passed on to the recipient. The withheld amount is then remitted to the government on behalf of the recipient. Withholding tax is commonly used to ensure that the government collects taxes on income generated within its jurisdiction, especially when the recipient of the income might be located in a different country.

Start Trading with Vantage

Access markets including forex, commodities, indices, shares and more, at low cost.

Start Trading with Vantage

Access markets including forex, commodities, indices, shares/stocks and more, at low cost.

Start trading CFD stocks by opening a live account here, or practice trading with virtual currency with a demo account.

You can also sign up for our free, weekly webinars that will break down the current markets as well as discuss potential trade set ups for the week.