˜yÐÄvlog

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ad valorem tax

noun

  1. a tax levied according to the value of the property, merchandise, etc., being taxed.


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˜yÐÄvlog History and Origins

Origin of ad valorem tax1

First recorded in 1690–1700
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Example Sentences

Examples have not been reviewed.

The budget adopted by the board also calls for doubling the MWD’s property tax assessment in its six-county area — the first such increase to its ad valorem tax rate in over 30 years.

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There will also be a 1% ad valorem tax based on sales for miners that post a profit.

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Otherwise, lawmakers should initiate efforts to end collection of the Confederate pension ad valorem tax.

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Just as the company - which was recently purchased by Signify - had requested an ad valorem tax abatement on more than $1 million in capital investment, it also became public it was cutting hundreds of jobs.

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But Blackjewel was just one of 98 taxpayers throughout the state that fell behind on ad valorem tax payments.

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