Ad valorem tax

From Conservapedia
This is an old revision of this page, as edited by Interiot (talk | contribs) at 03:25, April 2, 2007. It may differ significantly from current revision.
Jump to navigation Jump to search

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.