Ad valorem: Difference between revisions
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imported>Doug Williamson (Layout.) |
imported>Doug Williamson (Add link to Per mille page.) |
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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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== See also == | == See also == | ||
* [[Fixed duty]] | * [[Fixed duty]] | ||
* [[Per mille]] | |||
* [[Stamp duty]] | * [[Stamp duty]] | ||
[[Category:Accounting,_tax_and_regulation]] | [[Category:Accounting,_tax_and_regulation]] | ||
Revision as of 16:59, 10 February 2017
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.
