HyperDicEnglishAD ... ad valorem tax

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Related WikiPedia: ad valorem tax
English 1 sense of the expression ad valorem tax:
NOUNpossessionad valorem tax, VAT, value-added taxa tax levied on the difference between a commodity's price before taxes and its cost of production
Englishad valorem tax: 1 sense noun 1, possession
MeaningA tax levied on the difference between a commodity's price before taxes and its cost of production.
SynonymsVAT, value-added tax
Broaderexcise, excise taxA tax that is measured by the amount of business done (not on property or income from real estate)
SpanishIVA
CatalanIVA

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