Ask Question
BusinessBusiness
2 April, 06:24

Why are companies required to perform payroll withholding?

+1
Answers (1)
  1. 2 April, 06:39
    0
    Companies required to perform payroll withholding for them to be able to make sure that their employees pay correct taxes. This is also to avoid later issues that may occur against them if BIR will know that they have employees who were not paying taxes.
Know the Answer?
Not Sure About the Answer?
Find an answer to your question ✅ “Why are companies required to perform payroll withholding? ...” in 📘 Business if you're in doubt about the correctness of the answers or there's no answer, then try to use the smart search and find answers to the similar questions.
Search for Other Answers
You Might be Interested in
For the year ending June 30, Island Clinical Services mistakenly omitted adjusting entries for (1) $1,500 of supplies that were used, (2) unearned revenue of $4,200 that was earned, and (3) insurance of $5,000 that expired.
Answers (1)
When a multinational firm decides to sell its products abroad, one of the risks the firm faces is that the government of the foreign market charges the firm with dumping. Dumping occurs when A.
Answers (1)
You are part of a sales group that has been asked to give a presentation. Before you begin, what should you and your group do? O A. Buy the best software on the market. O B. Ask if you have to give a slide presentation. O C.
Answers (1)
At home depot, a customer can purchase a gallon of one-coat paint that contains the ingredients for both a primer and a color. what is the primary economic need being satisfied by this type of paint?
Answers (1)
On October 1, Black Company receives a 9% interest bearing note from Reese Company to settle a $20,000 account receivable. The note is due in six months. At December 31, Black should record interest revenue of A. $0B. $450C. $900D. $1,800
Answers (1)
New Questions in Business
Which is the correct expansion of the term Internet? A. Internetwork B. Institutional Network C. Instructional Network D. International Network
Answers (1)
There are six teens, two babies. one 17 year old and the rest are 18 and over. They want to buy a house with four or five bedroom with some acreage. they have dogs, cats, and horses.
Answers (1)
Costa Rica is a top exporter of coffee. The highest quality coffee is sold abroad, and the lower quality coffee is consumed by native Costa Ricans.
Answers (1)
Kraft, Inc. sponsors a defined-benefit pension plan. The following data relates to the operation of the plan for the year 2015.
Answers (1)
Suppose you put $800 per month into a Roth IRA, that pays 8% APR (compounded monthly). Assume you have nothing saved today, calculate the future value of the retirement account 30 years from today. (Enter a positive value and round to 2 decimals)
Answers (1)
Home » Business » Why are companies required to perform payroll withholding?
Sign Up Forgot Password?