What Is an Interest Deduction?
Interest withholding tax is also called income tax. It is the interest payer who deducts the tax payable by the bondholder to the government in advance when paying interest to the bondholder, and pays this tax to the local tax authority.
Interest withholding tax
Right!
- Chinese name
- Interest withholding tax
- nickname
- Income tax
- Meaning
- Taxes payable to the government
- Centralized payment
- Local tax authority
- Interest withholding tax is also called income tax. It is the interest payer who deducts the tax payable by the bondholder to the government in advance when paying interest to the bondholder, and pays this tax to the local tax authority.