Withholding Wages definition

Withholding Wages means wages within the meaning of Code Section 3401(a) for the purposes of income tax withholding at the source, but determined without regard to any rules that limit the remuneration included in wages based on the nature or location of the employment or the services performed (such as the exception for agricultural labor in Code Section 3401(a)(2)).
Sample 1

Examples of Withholding Wages in a sentence

  • Massachusetts (Not Confirmed) • State Taxable Wages (MA Wages Subject to Withholding): Wages subject to MA personal income tax withholding earned by the employee during the reporting period.

  • Withholding Wages — Wages as defined in Treasury Regulation Section 1.415(c) -2(d)(3).

  • Total Compensation is either W-2 Wages, Withholding Wages, or Code §415 Safe Harbor Compensation, as designated under Part 3 of the Agreement.

  • It was advised to have dynamic level 1 indicators that can be assessed through time, which raises the question of overlap with level 2 indicators.

  • Withholding Wages ........................................................................

  • Total Compensation is either W-2 Wages, Withholding Wages or Code Section 415 Safe Harbor Compensation, as designated under Part 3 of the Agreement.

  • Void Agreement Each document that forms part of the Agreement Documents is complementary to the other and what is called for in any one shall be binding as if called for by all.

  • W-2 Wages |_| (2) Withholding Wages |_| (3) Code ss.415 Safe Harbor Compensation.

  • Suppliers Shall Ensure Responsible Employment and Termination Practices Withholding Wages for More Than Two Pay Periods is a Zero-Tolerance Violation that may result in suppliers being permanently prohibited from producing merchandise for Cobalt.

Related to Withholding Wages

  • Withholding means the retention of aid payments.

  • FATCA Withholding means any withholding or deduction required pursuant to an agreement described in section 1471(b) of the Code, or otherwise imposed pursuant to sections 1471 through 1474 of the Code, any regulations or agreements thereunder, any official interpretations thereof, or any law implementing an intergovernmental approach thereto.

  • FICA means the Financial Intelligence Centre Act No. 38 of 2001, as amended;

  • Withholding Agent means any Loan Party and the Administrative Agent.

  • Income-withholding order means an order or other legal

  • Withholding Tax means any tax, deduction, levy or similar payment obligation that is required to be deducted or withheld from a payment under Applicable Law. Annex 1 – Data Processing

  • Withholding Taxes means any taxes, including, but not limited to, social security and Medicare taxes and federal, state and local income taxes, required to be withheld under any applicable law.

  • Qualifying wages means wages, as defined in section 3121(a) of the Internal Revenue Code, without regard to any wage limitations, adjusted as follows:

  • FATCA Withholding Tax means any withholding or deduction required pursuant to FATCA.

  • Applicable Withholding Taxes means the minimum aggregate amount of federal, state and local income and payroll taxes that the Company is required by applicable law to withhold in connection with any Incentive Award.

  • FUTA shall have the meaning set forth in Section 3.01(e).

  • Deductions means any deductions which the Employment Business may be required by law to make and in particular in respect of PAYE pursuant to Sections 44-47 of the Income Tax (Earnings and Pensions) Act 2003 and Class 1 National Insurance Contributions;

  • Swiss Withholding Tax Act means the Swiss Federal Act on Withholding Tax of 13 October 1965 (Bundesgesetz über die Verrechnungssteuer), together with the related ordinances, regulations and guidelines, all as amended and applicable from time to time.

  • Required Withholding Amount has the meaning specified in Section 5 of this Agreement.

  • Unpaid withholding tax means withholding tax due but not paid by the date the withholding tax is required to be paid under applicable law.

  • Wages is defined as the amount of money the employee would have otherwise received over a period of absence.

  • New jobs credit from withholding means the credit as provided in Iowa Code section 260E.5.

  • Swiss Withholding Tax means taxes imposed under the Swiss Withholding Tax Act.

  • Tax Obligations means taxes, withholding, certification and reporting requirements, claims for exemptions or refund, interest, penalties, additions to tax and other related expenses.

  • relevant minimum wage means the minimum wage and includes any incremental adjustment prescribed in this award for the class of work for which an employee is engaged

  • Minimum wage means wages as defined under the Minimum Wages Act-1948 and amended from time to time.

  • Employee Contributions are contributions made by a Participant on an after-tax basis, whether voluntary or mandatory, and designated, at the time of contribution, as an employee (or nondeductible) contribution. Elective deferrals and deferral contributions are not employee contributions. Participant nondeductible contributions, made pursuant to Section 4.01 of the Plan, are employee contributions.

  • Payroll means total salaries and wages before deducting any personal or dependency exemptions.

  • 414(s) Compensation means any definition of compensation that satisfies the nondiscrimination requirements of Code Section 414(s) and the Regulations thereunder. The period for determining 414(s) Compensation must be either the Plan Year or the calendar year ending with or within the Plan Year. An Employer may further limit the period taken into account to that part of the Plan Year or calendar year in which an Employee was a Participant in the component of the Plan being tested. The period used to determine 414(s) Compensation must be applied uniformly to all Participants for the Plan Year.

  • U.S. Source Withholdable Payment means any payment of interest (including any original issue discount), dividends, rents, salaries, wages, premiums, annuities, compensations, remunerations, emoluments, and other fixed or determinable annual or periodical gains, profits, and income, if such payment is from sources within the United States. Notwithstanding the foregoing, a U.S. Source Withholdable Payment does not include any payment that is not treated as a withholdable payment in relevant U.S. Treasury Regulations.

  • Includible Compensation means an Employee’s actual wages in box 1 of Form W-2 for a year for services to the Employer, but subject to a maximum of $245,000 (or such higher maximum as may apply under section 401(a)(17) of the Code) and increased (up to the dollar maximum) by any compensation reduction election under section 125, 132(f), 401(k), 403(b), or 457(b) of the Code (including any Elective Deferral under the Plan). Beginning in 2009 and thereafter, such term also includes any “differential pay” that may be received from the Employer while performing qualified military service under section 414(u) of the Code. The amount of Includible Compensation is determined without regard to any community property laws.