ad valorem tax

Noun

Meaning

a tax levied on the difference between a commodity's price before taxes and its cost of production

Source: WordNet

Synonyms

vat value-added tax duty octroi income tax capital gains tax sales tax nuisance tax indirect tax inheritance tax gift tax use tax corporation tax license tax withholding tax

Show all synonyms

Antonyms

indirect taxes

Hypernyms

excise excise tax

Examples

Stamp duty was introduced as an ad valorem tax on share purchases in 1808, citation paras 1.34 to 1.40 preceding by over 150 years the Tobin tax on currency transactions. Source: Internet

During a special meeting on Wednesday, August 25, Bandera City Council adopted an ad valorem tax rate of $0.403310 per $100 valuation for Fiscal Year 2010-2011. Source: Internet

Property main A property tax (or millage tax) is an ad valorem tax levy on the value of property that the owner of the property is required to pay to a government in which the property is situated. Source: Internet

These include: * Bank tax * Financial transaction taxes including currency transaction taxes Descriptive labels Ad valorem and per unit main An ad valorem tax is one where the tax base is the value of a good, service, or property. Source: Internet

Continual loss of property values which is costing the city ad valorem tax revenue, and the number of empty houses which impacts our utility income. Source: Internet

My PROPERTY tax bill includes $151.02 to pay a very small part of this debt and every other property owner also pays an ad valorem tax to help retire this huge debt. Source: Internet

Close letter words and terms

ad valorem rate ad valorem rates ad valorem tariff ad valorem tax rate ad verbum ad verecundiam