ad valorem tax

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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 ?
The rating change reflects the authority's inability to continue to levy ad valorem taxes which were used to help pay operating and maintenance expenses.
The bill would also limit payment of unpaid ad valorem taxes to six year pay-outs, beginning at the date of assessment and prohibit any "balloon" payments.
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).
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.
The ad valorem taxes represented approximately 25% of the total revenues available for operating expenses and also provided the authority with additional financial stability to endure potential downturns/fluctuations in the overall general aviation industry (ie.
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.
He will have responsibility for Coastal's government affairs, corporate communications and ad valorem taxes.
While WSSC does not currently nor intends to utilize this taxing power, WSSC could levy unlimited ad valorem taxes to cover bond debt service, if necessary.