ad valorem


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Synonyms for ad valorem

in proportion to the estimated value of the goods taxed

Synonyms

References in periodicals archive ?
She noted that under the DOF proposal, the government planned to collect two kinds of taxes from every proof liter of distilled spirits-first, a P40 specific tax and second, a 22-percent ad valorem tax based on net retail price per proof.
Under the bill, starting January 2020, an ad valorem rate of 22 percent including specific tax rates per proof liter of P30, P35, P40, P45 from 2020 to 2023 will be imposed on distilled spirits; and it will be increased by 7 percent annually starting 2024.
Ad valorem is the traditional source of local revenue for schools throughout the United States.
The city adopted an ad valorem tax rate of 8.65 mills for fiscal 2018, which is viewed as high by Fitch and leaves only moderate capacity within the maximum statutory 10 mill limit.
Currently, Republic Act 10351 or Excise Tax Reform Law is imposing distilled spirits a P22.40 specific tax and an ad valorem tax of 20 percent.
According to the law, the levy of excise tax in the UAE will be on the ad valorem basis.
A 50-60% ad valorem duty has been imposed on import of different vehicles falling in the sports utility or luxury vehicle category with engine capacity of greater than 1,800cc.
The current tax is BGN 70 per 100 pieces (the "specific excise"), plus 38% of the sale price (the so-called "ad valorem excise duty"), but its minimum total value is BGN 161 per 1000 pcs (EUR 82.2).The legislation in force until now foresees a rise through 2017 measured at BGN 70 plus 40% of the sale price, with a minimum total price of BGN 167 per 100 pcs.
In its most ubiquitous form, the doctrine operates to create ad valorem tax liability for long-term lessees.
The Sarasota County Property Appraiser's ad valorem tax assessments of properties owned by CVS for tax years 2006, 2007, and 2008 totaled approximately $97 million.
The European Union will maintain a 58.9% ad valorem duty on imports of Chinese chamois leather, a Council regulation dated 3 December and published in the Official Journal of the EU on 6 December stated.
Users can also find ad valorem equivalents for all non ad valorem duties and perform aggregations of products and countries as well as simulate tariff reduction scenarios.
In the case of cars that attract a mixed rate of duty of 22 percent plus Rs 15,000 per vehicle, he proposed to increase the duty and switch over to an ad valorem rate of 27 percent.
The proposition read: "The constitutional amendment providing for the appraisal for ad valorem tax purposes of open-space land devoted to water-stewardship purposes on the basis of its productive capacity." The Nature Conservancy pointed out that only one of four ballot measures containing the phrase "ad valorem" passed.