ad_valorem_tax | ||
1. | [ noun ] (government) a tax levied on the difference between a commodity's price before taxes and its cost of production | |
Synonyms: | value-added_tax VAT | |
Related terms: | excise | |
ad_valorem_tax | ||
1. | [ noun ] (government) a tax levied on the difference between a commodity's price before taxes and its cost of production | |
Synonyms: | value-added_tax VAT | |
Related terms: | excise | |