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Sentences with ad valorem

ad va·lo·rem
A a
  • Motor vehicle ad valorem tax is based on the assessed value of the vehicle.As prices inflate, so will tax revenues, since most rates are ad valorem.An ad valorem tax is charged at the estimated value of the goods being taxed.
  • Motor vehicle ad valorem tax is based on the assessed value of the vehicle.As prices inflate, so will tax revenues, since most rates are ad valorem.An ad valorem tax is charged at the estimated value of the goods being taxed.
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