ad valorem tax


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Synonyms for ad valorem tax

a tax levied on the difference between a commodity's price before taxes and its cost of production

References in periodicals archive ?
As the center expands, more ad valorem taxes go to the Pryor School District.
A subsequent measure (Proposition H) adds up to $90 million in ad valorem tax revenues to the annual budget for public safety and related spending, such amount to be added to the following year's ad valorem tax revenue base.
The court held in both cases that a lessee can be converted into an owner of real property or improvements for ad valorem tax purposes even though a tax-exempt government entity holds a fee simple interest in the underlying realty.
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 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.
This bill implements recently-passed Section 3(f) of Article VII of the State Constitution regarding ad valorem tax exemptions for real property perpetually dedicated for conservation purposes, including real property encumbered by conservation easements or other perpetual conservation protections.
1, 2007, but also threatened to impose an ad valorem tax that would block imports of HFCS for another year.
Under an ad valorem tax t, where t is the tax rate on producer prices, a consumer price for firm i's product [p.sub.i] implies a corresponding producer price of [p.sub.i]/(1 + t).
With the repeal of the statewide ad valorem tax in 1981, many state colleges and universities no longer had resources for construction, improvements, major repair and renovation, and the acquisition of capital equipment.
For instance, in Florida, before the Board of County Commissioners can grant a business an economic development ad valorem tax exemption, the local city authority or Board of County Commissioners must secure a vote of the affected constituency by calling for a referendum!
The company will serve as a commercial real estate appraisal resource to all seven ILS offices and will advise in partial interest, tax planning and dispute settlement services; condemnation appraisals; ad valorem tax and appeal services; litigation support services; business valuation services; and other general consulting and advisory services.
It replaced the corporate income tax, the corporate franchise tax, the business intangibles tax and the ad valorem tax on business inventories.
An ad valorem tax rate (v) is imposed as a fraction of gross revenues received by a regulated monopolist [Musgrave, 1959].
In particular, for the special case of zero extraction costs just discussed a falling ad valorem tax would be required to delay depletion and hence slow the accumulation of C[O.sub.2] emissions.
1026, the ad valorem tax imposed on distilled spirits shall be increased from 20 percent to 22 percent.