ad valorem tax

(redirected from Ad Valorem Taxes)
Also found in: Thesaurus, Financial, Encyclopedia.
ThesaurusAntonymsRelated WordsSynonymsLegend:
Noun1.ad valorem tax - a tax levied on the difference between a commodity's price before taxes and its cost of productionad valorem tax - a tax levied on the difference between a commodity's price before taxes and its cost of production
excise, excise tax - a tax that is measured by the amount of business done (not on property or income from real estate)
References in periodicals archive ?
According to the Court of Appeal of Florida, First District, government-owned land leased to private parties may be assessed for ad valorem taxes.
1949), when it held bonds payable solely from a special fund, into which operating revenues and ad valorem taxes were deposited, did not violate the referendum requirement because the bondholders could not compel ad valorem taxation.
These provisions would allow for a higher priority of payment for ad valorem taxes.
We know of no actual tax system in which both specific and ad valorem taxes are simultaneously applied to the same good; the more common approach is to impose either a specific or an ad valorem tax.
Thus, higher ad valorem taxes would mean lower output and a higher price.
The downgrade reflects the expectation that the pledge of limited ad valorem taxes within two municipal service taxing units (MSTUs) securing the bonds will fail to adequately cover debt service beginning in fiscal 2010 through final maturity in fiscal 2013 due to significantly deteriorated taxable assessed valuation (TAV).
Since many taxes are levied in terms of the demand ad valorem taxes, we shall limit our analysis to the optimum ad valorem tax ratio of equation (15).
The bonds are payable from ad valorem taxes to be levied upon all taxable property within the city, without limitation as to rate or amount.
Fourth quarter production costs (including production and ad valorem taxes and transportation costs) are expected to average $10.
In most instances, an issuer's vulnerability to a slowing housing market is offset by factors that mitigate the risk, including state or local laws that have limited the growth of assessed valuation of the property tax base and ad valorem taxes, as well as actions taken by government managers that temper the impact of a slowdown in the market.
The bonds are secured by ad valorem taxes levied on all taxable property in the township, subject to constitutional and statutory tax rate limitations.