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AD VALOREM TAX

• AD VALOREM TAX (noun)
The noun AD VALOREM TAX has 1 sense:

1. a tax levied on the difference between a commodity's price before taxes and its cost of production

Familiarity information: AD VALOREM TAX used as a noun is very rare.

• AD VALOREM TAX (noun)

Sense 1

ad valorem tax ^{[BACK TO TOP]}

Meaning:

A tax levied on the difference between a commodity's price before taxes and its cost of production

Classified under:

Nouns denoting possession and transfer of possession

Synonyms:

ad valorem tax; value-added tax; VAT

Hypernyms ("ad valorem tax" is a kind of...):

excise; excise tax (a tax that is measured by the amount of business done (not on property or income from real estate))

"Kill not the goose that laid the golden egg."
(English proverb)
"Do not hide like a fly under the tail of a horse."
(Albanian proverb)
"Haste makes waste."
(American proverb)
"Trust yourself and your horse."
(Croatian proverb)

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