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An ad valorem tax is a fixed percentage tax based on the price or value of the property being taxed. Examples of ad valorem taxes are sales taxes, property taxes and [[import duties]].
An '''''ad valorem''' tax''' is a fixed [[percent]]age tax based on the price or value of the [[property]] being [[taxation|taxed]]. Examples of ''ad valorem'' taxes are [[sales tax]]es, [[property tax]]es and [[tariff|import duties]].
[[Category:Economics]]
[[Category:Economics]]