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  • What is an example of an ad valorem tax 2024?

    Questioner:Evelyn Baker 2023-05-07 14:52:09
The most authoritative answer in 2024
  • Lily Campbell——Studied at University of Oxford, Lives in Oxford, UK

    An ad valorem tax is based on the assessed value of an item such as real estate or personal property. ... The Latin phrase, ad valorem, means "according to value." In short, all ad valorem taxes are levied based on the determined value of the item being taxed.read more >>
    +119962023-05-16 14:52:09

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