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Ad valorem taxA type of tax calculated based on percentage of gross or stated value. For example, VAT.
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Ad valorem taxA charge levied on persons or organizations based on the value of a transaction. It is normally a given percentage of the price at the retail or manufacturing stage and is a common form of sales tax; [..]
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Ad valorem taxA 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 in [..]
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Ad valorem taxA tax that is specified as a percentage of value. Sales, income, and property taxes are three of the more popular ad valorem taxes devised by government. The total ad valorem tax paid increases with t [..]
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Ad valorem tax[Latin: to the value added] A tax based on the value (or assessed value) of real property.
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Ad valorem taxA tax specified as a percentage of the value of the tax base. For instance, a sales tax of 5 percent of the value of sales is an ad valorem tax.
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Ad valorem taxA 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. Property ad valorem [..]
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Ad valorem taxis a property tax levied based on the value of the property in question.
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Ad valorem taxAd valorem is a Latin term meaning "based on value," which applies to property taxes based on a percentage of the county's assessment of the property's value. The assessed value is [..]
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Ad valorem tax[Latin: to the value added] A tax based on the value (or assessed value) of real property.
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Ad valorem taxSee Personal property tax.
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Ad valorem taxSee
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Ad valorem taxA tax levied in proportion to the value of the thing(s) being taxed. Exclusive of exemptions, use-value assessment provision, and the like, property tax is an ad valorem tax.
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Ad valorem taxA tax levied in proportion to the value of the thing(s) being taxed. Exclusive of exemptions, use-value assessment provision, and the like, property tax is an ad valorem tax.
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Ad valorem taxTax imposed at a percent of a value. Local property taxes are often ad valorem taxes.
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Ad valorem taxA tax that is specified as a percentage of value. Sales, income, and property taxes are three of the more popular ad valorem taxes devised by government. The total ad valorem tax paid increases with t [..]
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Ad valorem taxA real estate tax based on the assessed value of the property, which is not necessarily equivalent to its market value.
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Ad valorem taxA type of tax calculated based on percentage of gross or stated value. For example, VAT.
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