There are two things in life you can be sure of—death and taxes. If you’re someone who is paying taxes every month but has zero idea why or where the money is going or how they even figure out what to deduct, relax; you are not alone. In fact, more than half of Canadians don’t fully understand how taxes work. Withholding tax may be something you have never heard of, and we plan to make you an expert (or on your way to becoming one) by the end of this article. Let’s dive in and learn all about withholding tax in Canada.
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