Ad valorem: Difference between revisions
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imported>Doug Williamson (Link with Lifting fees page.) |
imported>Doug Williamson (Add link.) |
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1. | 1. ''Tax'' . | ||
''Tax'' | |||
A tax based on the value of a transaction, normally a percentage. | A tax based on the value of a transaction, normally a percentage. | ||
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* [[Lifting fees]] | * [[Lifting fees]] | ||
* [[Per mille]] | * [[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.
