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)
Based on WordNet 3.0, Farlex clipart collection. © 2003-2012 Princeton University, Farlex Inc.
References in periodicals archive ?
As the center expands, more ad valorem taxes go to the Pryor School District.
TRANs are payable from ad valorem taxes, sales and use taxes, franchise charges and fees, and certain other general fund revenues (remaining after legally required deductions of amounts for payments of bonded indebtedness and other obligations of the city, or payment to any special fund or special trust fund).
The lease is subject to a 22.5% royalty, which royalty interest is subject to production and ad valorem taxes but is not burdened by other costs.
The impasse emerged after congressmen insisted that the local coal industry be exempted from excise and ad valorem taxes when the Train is implemented next year.
(i) Replace customs tax with a specific excise duty and tax structure; ad valorem taxes should be avoided.
According to the company, this month's distribution rose slightly from the prior month due to a refund of ad valorem taxes withheld offset by a decrease in the pricing of both oil and gas on the Texas Royalty Properties, whereas the Waddell Ranch Properties were in deficit this month and contributed nothing to this month's distribution.
The statute states that leases from government entities "shall be taxed only as intangible personal property." (13) The lessees argued in both cases that the statute eliminated the possibility of using the equitable ownership doctrine to hold them liable for paying ad valorem taxes on the underlying property.
In 2004, the district court, in a separate matter, provided authority for the county appraiser to assess ad valorem taxes on improvements on Santa Rosa Island under an equitable ownership theory.
Since the fertilisers are subsidised, the revision is not likely to have much impact on fertiliser prices, but for the power sector, the over-all increase would be 2.75 per cent.he government is likely to earn an additional revenue of Rs 3500 crore per annum from ad valorem taxes.
The bonds are secured by ad valorem taxes and water and sewer system net revenues.
Additionally, three priority issues were picked: the coalition's opposition to mandatory sales price disclosure, its support of the elimination of pass-through payments from the Margin Tax under both gross-rent and net-rent leases, and its desire for legislative recognition that a portion of that tax was a substitute for ad valorem taxes.