Definitions for "AD VALOREM TAXES"
Commonly referred to as property taxes, are levied on both real and personal property according to the property's valuation and the tax rate.
Ad valorem taxes are taxes based on the value of property. These are commonly known as property taxes.
Taxes levied on the assessed value of a property.
A total prohibition on the importation of a certain item after a certain number or value of that item has already been imported.