Ad valorem tax, Taxation

It is a tax based on the assessed value of personal property or real estate. Ad valorem taxes can be property taxes or even duty that is levied on imported items. Property ad valorem taxes are the main source of revenue for municipal and state governments. 


Municipal property ad valorem taxes are also referred to as "property taxes".

Posted Date: 7/27/2012 8:09:23 AM | Location : United States







Related Discussions:- Ad valorem tax, Assignment Help, Ask Question on Ad valorem tax, Get Answer, Expert's Help, Ad valorem tax Discussions

Write discussion on Ad valorem tax
Your posts are moderated
Related Questions
Kline Company, an accrual basis calendar year corporation, reported $560,000 net income before tax on its financial statements prepared in accordance with GAAP for 2011. Kline's re

Good Health Company Inc. began business in 2007 and has operating results as listed below. In 2009 & 2010 it generated net operating losses of $75,000 and $120,000 respectively. Th

Clem paid self-employment tax of $14,200 and Wanda had $3,000 of Social Security taxes withheld from her pay. Determine deductible amount for AGI

Ask qmanaging dicrete assignmentuestion #Minimum 100 words accepted#

Role of media play in marketing mix: A. The article discusses the market prospects for automotive technology for producing driverless cars with the potential to reduce road ac

can you help with tax research assignment

Erica is a citizen of a foreign country, and is employed by a foreign-based computer manufacturer. Erica's job is to provide technical assistance to customers who purchase the comp

Several years ago, Magdelena purchased a new residence for $300,000. Currently, the outstanding mortgage on the residence is $260,000. The current fair value of the home is $330,00

I WOULD LIKE TO KNOW ABOUT GST. FROM WHERE IT HAVE COME AND HOW IT WORKS. ALSO INFORM ME WEATHER IT IS APPLICABLE IN INDIA OR NOT.

(i) Discuss, using appropriate examples, the concept of ‘transfer pricing’ and explain why tax authorities around the world have become concerned about it.