Income tax withheld (30%)

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frank1285:
Hey guys,

I am quite new here so I've got a question for you!

What does Income tax withheld (30%) mean?

Income tax withheld (30%)      -247 415 USD

Now I don't have profit.

Could you guys give me the answer?

Thanks for your time!
Frank

JonesyUK:
You get taxed once a month. 30% of your profit is deducted  :)

R.uben:
WEll the tax get withheld, if by theend of the year the find out you didn't make profit and you paid too much taxes, you get some back, I one time got 400K back in a small airline because i invested most of the year and by the end of the year didnt make profit but i had paid taxes....

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