- ad valorem duties
- taxes charged as a percentage of an asset's value
English contemporary dictionary. 2014.
ad valorem duties
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Duties — Duty Du ty, n.; pl. {Duties}. [From {Due}.] 1. That which is due; payment. [Obs. as signifying a material thing.] [1913 Webster] When thou receivest money for thy labor or ware, thou receivest thy duty. Tyndale. [1913 Webster] 2. That which a… … The Collaborative International Dictionary of English
Ad valorem tax — An ad valorem tax (Latin: according to value ) is a tax based on the value of real estate or personal property.An ad valorem tax is typically imposed at the time of a transaction (a sales tax or value added tax (VAT)), but it may be imposed on an … Wikipedia
ad valorem — ad va·lo·rem / ad və lōr əm, äd vä lō rem/ adj [Latin, according to the value]: imposed at a rate based on a percent of value an ad valorem tax on real estate Merriam Webster’s Dictionary of Law. Merriam Webster. 1996 … Law dictionary
Ad valorem duty — Duty Du ty, n.; pl. {Duties}. [From {Due}.] 1. That which is due; payment. [Obs. as signifying a material thing.] [1913 Webster] When thou receivest money for thy labor or ware, thou receivest thy duty. Tyndale. [1913 Webster] 2. That which a… … The Collaborative International Dictionary of English
ad valorem tax — /aed valorem/ According to value. A tax imposed on the value of property. The more common ad valorem tax is that imposed by states, counties, and cities on real estate. Ad valorem taxes, can, however, be imposed upon personal property; e.g., a… … Black's law dictionary
ad valorem tax — /aed valorem/ According to value. A tax imposed on the value of property. The more common ad valorem tax is that imposed by states, counties, and cities on real estate. Ad valorem taxes, can, however, be imposed upon personal property; e.g., a… … Black's law dictionary
ad valorem tax — An *indirect tax whose rate is based on a proportion of the *value of the item taxed. The Latin term ad valorem means in proportion to the value, and ad valorem principles are often used in property taxes and *customs duties … Auditor's dictionary
Abnormal Importations (Customs Duties) Act 1931 — The Abnormal Importations (Customs Duties) Act 1931 (22 23 Geo. V c. 1) was an Act of the British Parliament enacted on 20 November, 1931 which gave the Board of Trade, with the agreement of HM Treasury, the power to impose or raise duties up to… … Wikipedia
ad valorem — type of customs duties, 1711, Latin, in proportion to the value (see VALUE (Cf. value)) … Etymology dictionary
ad valorem — [ad΄ və lôr′əm] [L] in proportion to the value: a phrase applied to certain duties and taxes levied on goods, property, etc. as a percentage of their value: abbrev. ad val … English World dictionary
