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"The goods were taxed ad valorem"
Ad valorem taxes are taxes based on the value of real estate or personal property. Ad valorem taxes are typically imposed at the time of a transaction, such as a sales tax.
Ad valorem duty - ad valorem tax is an indirect tax i.e. tax on consumption and it's expressed as a percentage. For example, an ad valorem tax of 10% on computers will mean that if the computer is priced at $1000, the price will be $1100 if the computer is priced at $2000, the price will be $2200
5%
Ad valorem means: (of the levying of tax or customs duties) in proportion to the estimated value of the goods or transaction concerned.
yes
ad valorem
Ad Valorem
ad valorem
Ad Valorem Tax is property taxes or duty taxes on imported products which is based on the the value of the real estate or personal property in question.
ad valorem tax
Ad valorem (Latin for according to value) in the US is a tax that is focused on the value of personal properties and real estate. The tax is usually applied at the time of transaction of the real estate.