ad valorem tax

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Ad valorem tax

A type of tax calculated based on percentage of gross or stated value. For example, VAT.
Copyright © 2012, Campbell R. Harvey. All Rights Reserved.

Ad Valorem Tax

A tax calculated as a percentage of the value of an asset. Most property taxes are ad valorem taxes because the property owners owe a given percentage of the market value the property. Value-added taxes are another common example.
Farlex Financial Dictionary. © 2012 Farlex, Inc. All Rights Reserved

ad valorem tax

A tax that is computed as a percentage of the value of specific property. For example, many states levy an annual tax on the market value of an investor's securities as of a certain date. Also called property tax.
Wall Street Words: An A to Z Guide to Investment Terms for Today's Investor by David L. Scott. Copyright © 2003 by Houghton Mifflin Company. Published by Houghton Mifflin Company. All rights reserved. All rights reserved.

ad valorem tax

a TAX which is levied as a percentage of the price or value of a unit of OUTPUT. See VALUE ADDED TAX. Compare SPECIFIC TAX.
Collins Dictionary of Business, 3rd ed. © 2002, 2005 C Pass, B Lowes, A Pendleton, L Chadwick, D O’Reilly and M Afferson

ad valorem tax

a TAX that is levied as a percentage of the price of a unit of output. See SPECIFIC TAX, VALUE-ADDED TAX.
Collins Dictionary of Economics, 4th ed. © C. Pass, B. Lowes, L. Davies 2005

ad valorem tax

Literally means “according to the value.”A tax placed upon property and calculated with reference to the value of the property. Ad valorem taxes usually have a super-priority, so that a sale for unpaid taxes will transfer title into the buyer, free and clear of any mortgages or other liens. On the other hand, lienholders are generally given the right to redeem property from tax sales, and regain all rights simply by reimbursing the purchaser for the sale price plus accrued interest.

The Complete Real Estate Encyclopedia by Denise L. Evans, JD & O. William Evans, JD. Copyright © 2007 by The McGraw-Hill Companies, Inc.
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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.
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Kurtz, MAI, joins SMG as director of Valuation Services where he will focus his practice on real estate valuations, partnership issues, eminent domain, purchase price allocations, ad valorem taxation, litigation support, public offerings, portfolio analysis and estate planning/ gifting.
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Excise taxes take two basic forms: unit taxes based on quantity sold and ad valorem taxes based on sales value.
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The tax increment financing concept may be summarized as follows: (1) the TIF district undertakes the project; (2) the project increases the assessed value of the taxable real property within the TIF district; (3) the increase in the taxable real property value results in an increase in the amount of ad valorem taxes collected within the TIF district; and (4) a portion of this increase in ad valorem taxes, or "tax increment," is pledged to finance the project.
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Under QTI classification, companies that generate "high wage" jobs are eligible for tax benefits, including refunds on corporate income, sales and ad valorem taxes.
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For example, if duty at a rate of 6% ad valorem was paid on goods imported and valued at $100 in FY 2000, but in 2003 the importer retroactively increases its transfer price for the goods to $120 for FY 2000, the U.S.
Customs duty considerations

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