ad valorem tax
noun
- 1
a tax levied on the difference between a commodity's price before taxes and its cost of production
Synonyms
Also useful for “ad valorem tax”:Scrabble— High-value letters — see what it scores
a tax levied on the difference between a commodity's price before taxes and its cost of production
Also useful for “ad valorem tax”:Scrabble— High-value letters — see what it scores