Income withholding definition

Income withholding means the automatic deductions made from wages or income to pay a debt such as child support. Income withholding usually is incorporated into the child support order and may be voluntary or involuntary. An employer must withhold support from a non-custodial parent’s wages and transfer that withholding to the appropriate agency.
Income withholding means an income-withholding order issued under the provisions of Title 40, chapter 5, part 3 or 4, or an income-withholding order issued in another state as provided in 40-5-157.
Income withholding means the process whereby a court order is directed to an person, employer, bank, or other entity holding monies or property of an obligor parent, to make payments or deliver property to satisfy a child support obligation in accordance with the order.

Examples of Income withholding in a sentence

  • Income withholding tax applied in between April 24, 2003 and July 22, 2006 is 10% and commencing from July 22, 2006, this rate has been changed to 15% upon the Council of Minister’s’ Resolution No: 2006/10731.

  • Income withholding is enforced by a withholding order issued to the paying parent’s employer without additional notice to the paying parent, according to Idaho Code Section 32-1204.

  • The court shall hold the hearing pursuant to the provisions of Section 40.750 ILCS 28/25 - Income withholding after accrual of delinquency.

  • Income withholding tax In addition to corporate taxes, companies should also calculate income withholding taxes and funds surcharge on any dividends distributed, except for companies receiving dividends who are resident companies in Turkey and Turkish branches of foreign companies.

  • Upon the change to the new obligation amount, the amount withheld to be applied toward the liquidation of any delinquency shall be 20 percent.98.45(5) Income withholding and review and adjustment of orders.

  • Income withholding takes immediate effect for those items payable through the Michigan State Disbursement Unit.

  • The amount of the arrears payment shall be set at 20 percent of the current support amount.98.45(4) Income withholding and determination of controlling orders.

  • Income withholding orders are not usually effective when a payer is self-employed.

  • Income withholding order.When a judgment or order requires the payment of child support, it may be enforced by an income withholding order, as provided in this chapter, in addition to any other remedies provided by law.

  • Income withholding tax rates will be calculated in accordance with the employee’s specific W-4.


More Definitions of Income withholding

Income withholding generally means procedures for directing a payor to withhold from an obligor's income an amount sufficient to pay the obligor's support obligation and to defray arrears that are or may become due. Specifically:
Income withholding means the with- holding of any form of payment to an indi- vidual regardless of source, including, but not limited to, wages, salary, commissions, compensation as an independent contractor, Workers’ Compensation, disability, annuity, and retirement benefits, and any other pay- ments made by any person, private entity, federal or state government, any unit of local government, school district, or any entity cre- ated by public law or ordinance;
Income withholding means the withholding of any form of payment to an individual regardless of source, including, but not limited to, wages, salary, commissions, compensation as an independent contractor, Workers’ Compensation, disability, annuity, and retirement benefits, and any other payments made by any person, private entity, federal or state government, any unit of local government, school district, or any entity created by public law or ordinance;
Income withholding means the process whereby a court order, Family Court order, or voluntary wage assignment directs an employer, bank, or agent holding monies or property of an obligor, to make payments or deliver property to satisfy a child support obligation.
Income withholding means the process by which an order issued by a court or administrative agency is directed to a person, employer, bank, or other entity holding monies or property of an obligor parent to make payments or deliver property to satisfy a child support obligation in accordance with the order.
Income withholding generally means procedures for directing a payor to withhold from an obligor's

Related to Income withholding

  • 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.

  • 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.

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

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

  • 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

  • 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.

  • Swiss Withholding Tax means any withholding tax in accordance with the Swiss Federal Statute on Anticipatory Tax of 13 October 1965 (Bundesgesetz uber die Verrechnungssteuer) and any successor provision, as appropriate.

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

  • Withholding Agent means the Borrower and the Administrative Agent.

  • Income means the following:

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

  • Income Distribution shall be calculated as set forth in subparagraph (A), below, unless the Prospectus provides for the averaging of income distributions, in which case, "Income Distribution" shall be shall be calculated as set forth in subparagraph (B), below. Accordingly, the Unitholder's "Income Distribution" shall be equal to:

  • Tax or “Taxes” means any federal, state, local or foreign income, gross receipts, property, sales, use, license, excise, franchise, employment, payroll, withholding, alternative or add on minimum, ad valorem, transfer or excise tax, or any other tax, custom, duty, governmental fee or other like assessment or charge of any kind whatsoever, together with any interest or penalty, imposed by any Governmental Entity.