What is another word for ad valorem tax?

Pronunciation: [ˈad vˈalɒɹəm tˈaks] (IPA)

Ad valorem tax is a term used to describe a tax that is levied on the value of an item. This tax is usually calculated as a percentage of the item's value. There are several synonyms for the term ad valorem tax, including value-added tax, property tax, and sales tax. Value-added tax is a tax that is levied on the difference between the price of a product or service and the cost of producing it. Property tax is a tax that is levied on the value of real estate or other property owned by an individual or business. Sales tax is a tax that is levied on the sale of goods and services.

Synonyms for Ad valorem tax:

What are the hypernyms for Ad valorem tax?

A hypernym is a word with a broad meaning that encompasses more specific words called hyponyms.
  • Other hypernyms:

    Taxes, indirect taxes, Consumption taxes, Property taxes.

What are the hyponyms for Ad valorem tax?

Hyponyms are more specific words categorized under a broader term, known as a hypernym.

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