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Jul 15, 2008 by jalg_gali | Posted in Other – Taxes Would it be change ones mind if fuel tax is taxed through a specific tax or an ad valorem tax?

April 26, 2017FUEL Jul mind posted tax taxes

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Jul 15, 2008 by jalg_gali | Posted in Other – Taxes Would it be change ones mind if fuel tax is taxed through a specific tax or an ad valorem tax?

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An ad valorem tax (Latin: according to value) is a tax based on the value of existent estate or personal property. An ad valorem tax is typically imposed at the time of a transaction (a sales tax or value-added tax (VAT)), but it may be imposed on an annual bottom (real or personal property tax).