Are freelance engineers also subject to withholding tax? Explanation of 3 points to check
What is tax withheld? Withholding tax is a system wherein the payer of salary, compensation, interest, dividends, royalties, etc., deducts and remits taxes such as income tax and corporate tax before payment. The tax deducted at the source is known as withholding tax. The goal of this deduction is to facilitate tax payment. For people … Read more
