Ad valorem: Difference between revisions
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imported>Doug Williamson (Note size of amounts.) |
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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. | |||
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== See also == | == See also == | ||
* [[Fixed duty]] | * [[Fixed duty]] | ||
* [[Lifting fees]] | |||
* [[Per mille]] | |||
* [[Quoted]] | |||
* [[Stamp duty]] | * [[Stamp duty]] | ||
[[Category:Accounting,_tax_and_regulation]] | [[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.
