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词汇 ad-valorem
释义 ad valorem
adjective
 FINANCE, TAXukus
an ad valorem payment, rate, or tax is calculated according to the price of a product or service, rather than at a fixed rate:
Companies receive subsidies in the form of simple ad valorem payments based on the size of their export sales.
We think an ad valorem tax is the best because every time the price goes up the tax goes up.
Some would say that imposing an ad valorum tariff would be likely to be inflationary.

Examples of ad valorem


ad valorem
By contrast, an advalorem tax is a charge based on a fixed percentage of the product value.
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The system also exempted the nobles and the clergy from taxes (with the exception of a modest quit-rent, an "advalorem" tax on land).
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Advalorem funding was renewed by voters in 1984, 1994, 2004, and 2014.
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An example of a "state of being" tax is an advalorem property taxwhich is not an excise.
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Thus, "advalorem" property taxes have not been imposed at the federal level.
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One of his first acts as governor was to have an amendment added to the state constitution establishing an advalorem tax.
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Town voters approved a $350,000 bond referendum for local match for capital and a $.10/$100 valuation advalorem tax to support transit operations.
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Sources of revenue are sales tax, advalorem tax and franchise fees.
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It is an "advalorem" tax on land that disregards the value of buildings, personal property and other improvements.
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It is an indirect tax, typically on an advalorem basis, applicable to a production process or stage.
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These examples are from corpora and from sources on the web. Any opinions in the examples do not represent the opinion of the Cambridge Dictionary editors or of Cambridge University Press or its licensors.
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