If a duty is ad valorem the duty varies with the price of the asset which is being transferred.
"in proportion to value". An import duty fixed ad valorem is one established on the basis of the commercial value of the imported item.
Means that a tariff is applied to the value of the good as opposed to the unit of the good, which is a specific tariff.
tax, duty, or fee which varies based on the value of the products, services, or property on which it is levied.
in proportion to the estimated value of the goods taxed; "the goods were taxed ad valorem"
The excise duty rates are ad valorem when the duty payable is proportional to the estimated value of excisable goods.
tariff. A government tax on imports assessed as a percentage of the value of the goods cleared through customs. For example, 10 percent ad valorem means the tariff is 10 percent of the value of the goods.
Mode of freight or customs duties levied on cargo based on its value.→ Ad Valorem Duty
A Latin prefix meaning "according to value." Local and state governments levy taxes on real property based on the assessed value of the property. Two different pieces of property with the same assessed value have the same ad valorem tax.
A legal term which translates to "according to value". This refers to assessment of property tax.
Designates an assessment of taxes against property. Literally, according to value; based on the "ability to pay" theory.
According to value. See Duty.
"According to value". A term used in the property tax system which means taxes are imposed at a percentage of a parcel of land's value.
Translates to "according to value." A method of imposing a tax on the ownership of real property.
According to Value.” A method of taxation using the value of the property taxed to determine the tax amount.
Latin words, means "according to value". A tax imposed on the value of property that is typically based on the local government's valuation of the property.
A tax levied in proportion to the value of the property against which it is levied. Commonly referred to as "property tax".
A term from Latin meaning, "according to value."
a tariff that is calculated based on a percentage of the value of the product.
Literally, "according to value." This term is usually used in reference to real property taxes which are assessed according to value, i.e., ad valorem.
from the Latin term meaning according to value or according to valuation; a term used in assessing and taxing property. property tax defined property taxes defined advalorem defined ad valorem defined definition of ad valorem tax defined ad valorem taxes defined definition of value tax defined valuation tax defined
Latin, meaning "according to value". A tax or duty levied as a fixed percentage of an item's value as opposed to a fixed unitary levy such as a stamp duty.
In proportion to the value. 1. Insurance premium in respect all property insurance coverage is fixed mostly in relation to the insured value of the property. 2. Calculation of stamp duty on certain portfolio is related insured value under the policy. Ex. Marine Cargo and Personal Accident Insurances.
According to value (Latin). This term is generally used to refer to real estate taxes, according to a fixed percentage of value.
Latin for, "according to value." It is a method of imposing a tax on the ownership of real estate property.
"According to value". In real estate it refers to the property tax rate per thousand.
According to value. This is a tax imposed on the value of property (references a general property tax), which is typically based on the local government's valuation of the property.
According to its value. Ad Valorem tax means a charge imposed upon the value of real property.
"According to value". A method of taxation that uses the value of the taxed item to determine the amount of the tax. In Oklahoma, an Ad Valorem tax is the same as property tax.
Latin for "according to valuation," usually referring to a type of tax or assessment.
Latin meaning "according to value." Taxes that are said to be ad valorem are assessed according to the value of the property.
A Latin phrase used to describe a tax charged in relation to the value of the property taxed meaning "according to value".
Latin for "according to the value." (1) An ad valorem duty is an import duty based on the value of an article as defined in the customs law of a particular country, rather than on weight or volume. A percentage of that value is charged, for example, 5% ad valorem. (2) A freight rate set at a certain percentage of the value of an article is known as an ad valorem rate.
According to value. Applied to customs duty, it means a percentage charge on the value, rather than the weight or quantity of goods.
"According to the value". A method of taxation using the value of the thing taxed to determine the amount of tax. Taxes can be either "Ad Valorem" or "Specific".
According to value. Property Tax Overview Property Tax Assessment Equalization Review Board of Review State Property Tax Appeal Board Seven Steps to Appeal an Assessment Reasons for an Appeal Evidence Needed Informal Appeal Levies and Tax Rates Extension Collection and Distribution Assessment Administration Budget and Levy Cycle Definitions of Property Tax Terms
"According to value." A tax based on the assessed value of real estate or personal property.
Latin: ‘according to value'. For example, an ad valorem tax or duty will be calculated according to the value of whatever is being taxed, as a percentage rather than a flat rate.
Designates an assessment of taxes according to the value of the property.
(According to value) Used in reference to general property tax, which is usually based on the official valuation of property.
In proportion to the value, according to value.
According to value (Latin); generally used to refer to real estate taxes that are based on assessed property value.
Literally: according to value. Any tax that is applied as a percentage of value.
A tax on property based on its value.
A tax on items that is imposed at a rate percent of value.
According to value; the basis of real estate taxation.
"According to value." A method of imposing a tax on the ownership of real property. greement for Sale: An agreement for the purchase of real estate property in which the purchase price is paid in installments and the title is not conveyed to the purchaser until the purchase price is paid in full.
A tax, duty or charge that is applied as a percentage of value.
A Latin phrase meaning "according to value." Freight rates set at a certain fixed percentage of the value of articles are known as ad valorem rates.
According to value. Back to the Top
according to the value. An ad valorem stamp on deeds or documents is one fixed in proportion to the amount of rent or other element of value expressed in the deed.
A legal term that refers to the assessment of property tax.
This legal term refers to property tax assessment
It is a Latin phrase meaning "According to Value". An example would be property taxes.
Latin phrase that means "according to value." Ad valorem taxes are taxes are those assessed according to the value of the home.
duty calculated as percentage of the merchandise's value.
According to Value. An Ad Valorem tax is a tax levied according to the value of the property.
A Latin term meaning "according to worth," referring to taxes levied on the basis of value. Taxes on real estate and tangible personal property are ad valorem.
"According to value". Refers to the property tax system.
According to value. Adjustable Rate
(According to value) which refers to the value of property used in the computation of taxes.
According to the value of the goods
tax: A real estate tax based on the assessed value of the property, which is not necessarily equivalent to its market value.
Latin phrase meaning "according to value" which describes a method of assessing taxes on goods or property in which levies are based on an item's valuation rather than size.
Designates an assessment of taxes against property. Literally, according to value. additional principal payment
Method of levying a tax or duty on goods by using their estimated value as the tax base. Ad Valorem in Latin means "depending on the value of the item"
Latin for "according to value". Each property bears a tax burden according to its assessed value.
In proportion to the value: ad valorem duties on imported goods.
Designates an assessment of taxes or stamp duty against property. Literally according to value.
Translation from the Latin: "according to value".
A tax imposed at a percentage rate of the value of the property, such as property tax.