单词 | ad valorem |
释义 | ad valorem in British English (æd vəˈlɔːrəm) adjective, adverb (of taxes) in proportion to the estimated value of the goods taxed Abbreviation: ad val, a.v., A/VWord origin from Latinad valorem in American English (ˌæd vəˈlɔrəm) in proportion to the value a phrase applied to certain duties and taxes levied on goods, property, etc. as apercentage of their value: abbrev. ad val.Word origin Lad valorem in Finance (æd vəlɔrəm) adjective (Finance: Tax) An ad valorem tax is charged at the estimated value of the goods being taxed. from the Latin, meaning "according to value" Motor vehicle ad valorem tax is based on the assessed value of the vehicle. As prices inflate, so will tax revenues, since most rates are ad valorem. An ad valorem tax is charged at the estimated value of the goods being taxed. |
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