ad valorem


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ad va·lo·rem

 (ăd′ və-lôr′əm)
adj.
In proportion to the value: ad valorem duties on imported goods.

[New Latin ad valōrem : Latin ad, to, according to + Late Latin valōrem, accusative of valor, value.]

ad valorem

(æd vəˈlɔːrəm)
adj, adv
(Economics) (of taxes) in proportion to the estimated value of the goods taxed. Abbreviation: ad val, a.v. or A/V
[from Latin]

ad va•lo•rem

(æd vəˈlɔr əm, -ˈloʊr-)
adj., adv.
in proportion to the value: used esp. of a tax.
[< Latin: literally, according to the worth]

ad valorem

- A type of customs duties, from Latin, meaning "in proportion to the value."
See also related terms for proportion.

ad valorem

A Latin phrase meaning in proportion to the value of something.
ThesaurusAntonymsRelated WordsSynonymsLegend:
Adv.1.ad valorem - in proportion to the estimated value of the goods taxedad valorem - in proportion to the estimated value of the goods taxed; "the goods were taxed ad valorem"
Translations

ad valorem

[ædvəˈlɔːrəm]
A. ADVconforme a su valor, por avalúo
B. CPD ad valorem tax Nimpuesto m según valor
References in periodicals archive ?
In particular, Limpe-Aw said DOF's plan to exempt wines from the ad valorem tax was unfair to other alcohol makers.
Currently, RA 10351 imposes on distilled spirits a P22.40 specific tax and an ad valorem tax of 20 percent.
M2 EQUITYBITES-August 15, 2019-SWBC Ad Valorem Tax Advisors Acquire Industrial/Complex Property Tax Consulting to Expand Operations in Texas
The agency said the MPF ad valorem rate of 0.3464% will not change.
Under state law, municipalities are allowed to access funds for such development by defining a region and locking property values at a base level over several years while setting aside ad valorem tax revenue as it increases over the base.
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.
Ad valorem taxes are the single largest revenue stream and were budgeted to contribute approximately 47% of total general fund revenues in fiscal 2018.
Customs duties for electric car import to Azerbaijan are determined at an ad valorem rate and amount to 15 percent.
HB 8618 provides that starting January 2019, an ad valorem rate of 22 percent including specific tax rates per proof liter of P30, P35, P40, P45 from 2019 to 2022 will be imposed on distilled spirits; and it will be increased by 7 percent annually starting 2023.
* Full faith and credit and backed by the ad valorem taxing power of the taxing body.
Excise taxes can be levied either at specific or ad valorem basis.