Ad valorem tax

 

 

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Ad valorem tax

 

Glossary of business

 

Definition of ad valorem tax

 

An ad valorem tax is a tax that is a percentage of the selling price. An example of an ad valorem tax would be VAT.

 

Source : http://business-tes.wikispaces.com/file/view/Glossary.doc

link: http://business-tes.wikispaces.com/

Author : not indicated on the source document of the above text

 

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Definition and meaning of ad valorem tax

 

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