HomeDefinitionsCompareDebt High withholding tax interest incomeThe financial definition for High withholding tax interest income:Interest income that is subject to a foreign gross withholding tax of 5% or more. Specified in US tax code. Similar MatchesUnderwithholdingUnderwithholdingWhen a taxpayer has withheld too little tax from salary and will therefore owe tax when filing a return. Withholding taxWithholding taxA tax levied by a country of source on income paid, usually on dividends remitted to the home country of the firm operating in a foreign country. Click to compare definitions of High withholding tax interest income Click to view definitions beginning hi |