A tax levied on the difference between a commodity's price before taxes and its cost of production.
1 Our State revenue is mainly derived from a six mill ad valorem tax .
2 Ethanol imports are hit with 54-cent-per-gallon tariff and a 2.5 percent ad valorem tax .
3 For instance, the white farmers' machinery is duty free, but in several Colonies the native hoes pay an ad valorem tax of 25 per cent.
4 In particular, whereas ad valorem taxes in a tiered pricing system like China's encourage trading down, specific excise taxes discourage the practice.
Grammar, pronunciation and more
Translations for ad valorem tax