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Ad Valorem |
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Ad valoremPer unit of value (i.e., divided by the price).Ad Valorem"According to value." A method of taxation using the value of the thing taxed to determine the amount of tax. Taxes can be either "Ad Valorem" or "Specific." Example: A tax of $5.00 per $1000.00 of value per house is "Ad Valorom," A tax of S5.00 per house (irrespective of value) is "Specific."Ad Valorem Similar MatchesAd valorem equivalentAd valorem equivalentThe ad valorem tariff that would be equivalent, in terms of its effects on trade, price, or some other measure, to a nontariff barrier. Ad valorem tariffAd valorem tariffTariff defined as a percentage of the value of an imported good. Account Ad Valorem DutyAccount Ad Valorem DutyAn imported merchandise tax expressed as a percentage. Ad valorem dutiesAd valorem dutiesTaxes which are charged as a percentage of the value of an asset. Stamp Duty, which is charged on transfers of shares and property is an example. |
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