Ad valorem tax

Ad Valorem Tax
An ad valorem tax is a tax based on a calculated percentage of the value of property or goods. The "ad valorem" in ad valorem tax is a Latin term meaning "according to value.

Ad Valorem Tax
Ad Valorem Tax definition :
A type of tax calculated based on percentage of gross or stated value. For example, VAT.
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Ad valorem tax
A tax based according to item value only, usually property tax based on the just or fair market value of the property. This tax can also be imposed on as a duty on imported items.

Ad Valorem Tax
Definition 1.
A tax based on the assessed value of real estate or personal property. In other words ad valorem taxes can be property tax or even duty on imported items.

Ad valorem tax
Definition: A tax that is a percentage of the selling price. An example of an ad valorem tax would be VAT.
Related glossary term: ...

AD VALOREM TAX - A tax based on the value of real property, most commonly real estate. The City can onl...
AD VALOREM TAX ("ACCORDING TO ITS VALUE") - A state or local government tax based on the value of real ...

AD VALOREM TAX - A direct tax calculated 'according to value' of property. Ad valorem tax is based on an assigned valuation (market or assessed) of real property and, in certain cases, on a valuation of tangible or intangible personal property.

Ad Valorem Tax: A tax or duty based on the value of a good or service (Latin: "according to value").

AD VALOREM TAX " A tax based on value of real property.
ADVANCED REFUNDED BONDS " Bonds whose debt service is paid by escrowed funds. Also called Pre-refunded Bonds.

Ad valorem tax
A type of tax calculated based on percentage of gross or stated value. For example, VAT.
ADB
See: Adjusted Debit Balance ...

Ad valorem taxes: A tax levied "by value," usually used to describe property taxes.

Ad valorem tax - A tax on a good or service whose amount depends on the value of the good or service.
Advance - Normally refers to an amount paid before has been earned. e.g. payment ahead of actual expenditures on a construction project.

AD VALOREM TAX
A tax specified as a percentage of the price or value of a good, service, asset, or other activity. Ad valorem taxes tend to be broad based, imposed on activities such as income and retail sales.

ad valorem tax
levy imposed on the value of property. The most common ad valorem tax is that imposed by states, counties, and cities on real estate. Ad valorem taxes can, however, be imposed on personal property.
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ad valorem tax a tax that is proportional to the value of expenditures. (7) ...

Ad Valorem Tax - Is a tax placed on real property. This is a primary revenue source for many municipalities.

An ad valorem tax is one where the tax base is the value of a good, service, or property. Sales taxes, tariffs, property taxes, inheritance taxes, and value added taxes are different types of ad valorem tax.

Stamp Tax - Ad valorem tax or flat tax levied on certain legal transactions such as the transfer of a property.

or they could be an ad valorem tax (10% of price)
Tariffs are an important barrier to free trade. They are often imposed to protect domestic industry from cheap imports.

Counties and school districts and municipalities usually are, and special tax districts may be, authorized by law to levy ad valorem taxes on property other than intangible personal property.

Sales taxes, tariffs, property taxes, inheritance taxes, and value added taxes are different types of ad valorem tax.

Goods brought into a zone for a bona fide Customs reason are exempt from state and local ad valorem tax. The zones are licensed by the Commerce Department's Foreign-Trade Zones Board and operate under the supervision of the Customs Service.

An ad valorem tax on real estate and an intangible tax on financial assets are both examples of a wealth tax. Although many developed countries choose to tax wealth, the United States has generally favored taxing income.

Excise Tax. A tax imposed on a particular commodity or service. The tax can be imposed at any trade level and can either be a specific tax (the $100 automobile air conditioner tax) or an ad valorem tax (the 10 per cent jewelry tax).

AD VALOREM TAX -- A tax on goods or property expressed as a percentage of the sales price or assessed value
ADMINISTRATIVE COMPANY -- See: Service company ...

See also: Ad valorem, Expense, Property tax, Administration, Values