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English dictionary
Info: This web site is based on WordNet 3.0 from Princeton University.
English
noun
:
ad valorem tax
1.
ad valorem tax
(possession)
a tax levied on the difference between a commodity's price before taxes and its cost of production
Synonyms
value-added tax
,
VAT
Broader (hypernym)
excise
,
excise tax
Based on WordNet 3.0 copyright © Princeton University.
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Orcapia v/Per Bang
. English edition:
Peter Jensen
.
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