Withholding tax

A withholding tax, also called a retention tax, is a government requirement for the payer of an item of income to withhold or deduct tax from the payment, and pay that tax to the government. In most jurisdictions, withholding tax applies to employment income. Many jurisdictions also require withholding tax on payments of interest or dividends. In most jurisdictions, there are additional withholding tax obligations if the recipient of the income is resident in a different jurisdiction, and in those circumstances withholding tax sometimes applies to royalties, rent or even the sale of real estate. Governments use withholding tax as a means to combat tax evasion, and sometimes impose additional withholding tax requirements if the recipient has been delinquent in filing tax returns, or in industries where tax evasion is perceived to be common.

Typically the withholding tax is treated as a payment on account of the recipient's final tax liability. It may be refunded if it is determined, when a tax return is filed, that the recipient's tax liability to the government which received the withholding tax is less than the tax withheld, or additional tax may be due if it is determined that the recipient's tax liability is more than the withholding tax. In some cases the withholding tax is treated as discharging the recipient's tax liability, and no tax return or additional tax is required.

William McDowell

William McDowell may refer to:

See also

Worship Music

Worship Music may refer to:

Music

Music is an art form and cultural activity whose medium is sound and silence. The common elements of music are pitch (which governs melody and harmony), rhythm (and its associated concepts tempo, meter, and articulation), dynamics (loudness and softness), and the sonic qualities of timbre and texture (which are sometimes termed the "color" of a musical sound). Different styles or types of music may emphasize, de-emphasize or omit some of these elements. Music is performed with a vast range of instruments and with vocal techniques ranging from singing to rapping, and there are solely instrumental pieces, solely vocal pieces and pieces that combine singing and instruments. The word derives from Greek μουσική (mousike; "art of the Muses"). In its most general form, the activities describing music as an art form include the production of works of music (songs, tunes, symphonies, and so on), the criticism of music, the study of the history of music, and the aesthetic examination of music. Ancient Greek and Indian philosophers defined music as tones ordered horizontally as melodies and vertically as harmonies. Common sayings such as "the harmony of the spheres" and "it is music to my ears" point to the notion that music is often ordered and pleasant to listen to. However, 20th-century composer John Cage thought that any sound can be music, saying, for example, "There is no noise, only sound."

Soaking music

Soaking Music otherwise known as Soaking Prayer music or Soaking Worship music, is a subgenre of Christian Music, and is commonly used to denote songs that are used during contemplative prayer in prayer houses and other “soaking” Christian meetings. The description broadly encompasses any Christian music that is conducive to these types of gatherings.

Description

The purpose of Soaking Music is "setting aside of oneself to focus and meditate on God for renewal of strength and peace"

It is a relatively new genre on the Christian music scene. It finds its origins in the likes of the Toronto revival. Popularized by the recent upsurgence of local prayer houses, it has developed to incorporate some typical characteristics such as spontaneous singing, free praise, and instrumental sections. Often spontaneous in nature, the style somewhat resembles the feel of Easy Listening. It explores Christian themes, often focusing on the attributes of Jesus Christ and His achievements. Defining features include an unstructured approach with plenty of space and a relaxing mood. Simple and melodic lines are used with a strong presence of repetition. Sudden changes or upbeat, driving rhythms are often avoided.