ad valorem

ad valorem
/æd və'lɔ:rəm/ adjective
from a Latin phrase meaning ‘according to value’, showing that a tax is calculated according to the value of the goods taxed
ad valorem duty
ad valorem tax
COMMENT: Most taxes are ‘ad valorem’. For example VAT is calculated as a percentage of the charge made, and income tax is a percentage of income earned.

Dictionary of banking and finance. 2015.

Игры ⚽ Поможем сделать НИР

Look at other dictionaries:

  • Valórem — S.A. Fundación 1997 como Valores Bavaria S.A. por Julio Mario Santo Domingo Sede Bogotá …   Wikipedia Español

  • valorem (ad) — (ad va lo rem ) loc. lat. employée dans les discussions de douanes et les traités de commerce. Selon la valeur des choses …   Dictionnaire de la Langue Française d'Émile Littré

  • Valorem — Infobox Company company name = Valorem, S.A. company company type = Public, Sociedad Anónima foundation = location = Bogotá, Colombia key people = Julio Mario Santo Domingo industry = Holding num employees = 132 products = Alcoholic Beverage… …   Wikipedia

  • valorem — Ver: ad valorem …   Diccionario de Economía Alkona

  • valorem — ad valórem loc. adv. Trimis de siveco, 10.08.2004. Sursa: Dicţionar ortografic …   Dicționar Român

  • valorem — Ver: ad valorem …   Diccionario de Economía

  • valorem — /və lɔ:rəm/ noun ⇒ ad valorem duty …   Marketing dictionary in english

  • valorem — /və lɔ:rəm/ noun ⇒ ad valorem duty …   Dictionary of banking and finance

  • VALOREM (AD) — Locution latine employée en termes de Douanes et qui signifie Selon la valeur des choses …   Dictionnaire de l'Academie Francaise, 8eme edition (1935)

  • ad valorem — ad va·lo·rem / ad və lōr əm, äd vä lō rem/ adj [Latin, according to the value]: imposed at a rate based on a percent of value an ad valorem tax on real estate Merriam Webster’s Dictionary of Law. Merriam Webster. 1996 …   Law dictionary

  • Ad valorem tax — An ad valorem tax (Latin: according to value ) is a tax based on the value of real estate or personal property.An ad valorem tax is typically imposed at the time of a transaction (a sales tax or value added tax (VAT)), but it may be imposed on an …   Wikipedia

Share the article and excerpts

Direct link
Do a right-click on the link above
and select “Copy Link”