Ad valorem

Resource type: Glossary item

Status: Maintained

Jurisdictions: England, International, Wales

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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  • Resource ID: 6-107-6369
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  • Stamp DutyStamp Duty (http://uk.practicallaw.com/3-376-3551)
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  • Stamp duty Stamp duty (http://uk.practicallaw.com/topic3-368-6968)
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