Withholding tax

Definition:

A 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.

Investing Essentials


Copyright © 2011 Campbell R. Harvey, Professor of Finance, Fuqua School of Business at Duke University

Term of the Day

Dedicated capital

Total par value (number of shares issued, multiplied by the par value of each share). Also called dedicated value.

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