What is Withholding Tax?

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In today's video, we will be talking about the Withholding tax.

Most people only think about one layer of tax. Actually, there are three and you want to pay attention to all of them.

When it comes to withholding tax there are several types of income that might be subject to withholding tax: 
Dividends
Royalties 
Interest 
Capital gains 
Rent 
Director’s fees 
Technical service fees 

You need to look at withholding taxes on a country by country basis because some countries have none at all and others such as China and Brazil have very strict rules. 

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We are Offshore Citizen team. We help people become global: get a second passport, set up a second residency, pay less taxes, do banking abroad, etc.

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Author: Michael Rosmer

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What is the % withholding tax for China residents in USA K-1 capital gains tax?

janiceyim
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As a US citizen when i do my taxes at years end am I required to pay taxes on the entire amount or just the after withholding tax dividend amount?

InfoRanker
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If I 100% with hold all of my taxes will I have a more accurate number of what I owe when I go in and do my taxes, instead of the government taking an inaccurate percentage every month

MikeSuth
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Helped a lot Michael. You look like i could really work with you to help me out structure things properly!

trillionairecapitalist
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If there is no withholding tax in both country where i am pay tax.

Mehedihasan-ytmx
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Hello, very instructive video. I wanted to ask, what is the posting logic of the withholding tax for journal entries? The standard one, at least, is it Debit: Supplier G/L account and Credit: Cash or Bank G/L account and Withholding tax
or is it Debit: Supplier G/L and Withholding tax and Credit: Cash or Bank?

Setio
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What is an example of 'Iam subject to withholding tax' on a W-9 for fantasy sites? Not sure if I should b checking this box.. I am born n rsised in USA.. would this be for ppl who child support(I DONT), student loans(I have none), etc?? thanks for any reply.. just wanna make DAMN SURE b4 i check or dont check(i dont THINK I need to check the box), but I need to be 100% sure... damn tax forms can get confusing

CalebColeKnows
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Your video are so clear, congrats and about some specific case you mention your explanation are verry clean. I would like to contact for personalizated issue. Thanks in advance.

ravita
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why is your intro so damn loud and your audio so damn bad

therealkevinleee