Day: October 20, 2022
A guide to taxation of the health and medical sector
d) Withholding Tax (WHT) Withholding tax (WHT) is income tax that is withheld at source by one person (withholding agent) upon making payment to another person (payee). Withholding Agent: A withholding agent is a person legally obliged to withhold tax on payment. To become a withholding agent one must; Be on the list of selected …
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