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Ad valorem
Practical Law UK Glossary 6-107-6369
(Approx. 2 pages)
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Glossary
Ad valorem
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In proportion to the value. In the case of ad valorem tax, the amount paid is proportionate to the value of the asset taxed.
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Also Found In
Stamp Duty and SDRT
Resource ID
6-107-6369
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United Kingdom
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