forrásadóztatás

Forrásadóztatás, often translated as withholding tax, is a tax system where the payer of income is obligated to deduct a portion of the tax due from the payment and remit it directly to the tax authority. This mechanism is commonly applied to various types of income, including wages, salaries, interest, dividends, royalties, and certain payments to non-residents. The primary purpose of forrásadóztatás is to ensure timely collection of tax revenue and to prevent tax evasion, particularly for income streams that might otherwise be difficult to track.

The payer, acting as a withholding agent, calculates the tax liability based on prescribed rates and deducts it from the gross amount before paying the recipient. The withheld amount is then paid to the relevant tax administration, typically on a regular basis, such as monthly or quarterly. The recipient of the income then receives the net amount after the tax has been withheld. Forrásadóztatás can simplify tax administration for individuals as it often covers their final tax liability on that specific income, avoiding the need for separate tax filings for that income source in some cases. However, it is important to note that the specific rules, rates, and applicability of forrásadóztatás vary significantly by jurisdiction and depend on the nature of the income and the residency status of the recipient.