Ad valorem: Difference between revisions

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1. ''Tax.''
1. ''Tax'' .
A charge based on the value of the transaction.
 
A tax based on the value of a transaction, normally a percentage.
 


2.
2.
More generally, any charge or fee based on the value of a transaction.
More generally, any charge or fee based on the value of a transaction.
For large transactions, ad valorem taxes, charges and fees will also normally be very large, even if the percentage rates quoted sound modest.


== See also ==
== See also ==
* [[Fixed duty]]
* [[Fixed duty]]
* [[Lifting fees]]
* [[Per mille]]
* [[Quoted]]
* [[Stamp duty]]


[[Category:Accounting,_tax_and_regulation]]

Latest revision as of 15:42, 28 April 2022

1. Tax .

A tax based on the value of a transaction, normally a percentage.


2.

More generally, any charge or fee based on the value of a transaction.


For large transactions, ad valorem taxes, charges and fees will also normally be very large, even if the percentage rates quoted sound modest.


See also