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Glossary > A > "Ad valorem duties" Definition

Ad valorem duties

Taxes which are charged as a percentage of the value of an asset. Stamp Duty, which is charged on transfers of shares and property is an example.

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Ad valorem duties - Taxes which are charged as a percentage of the value of an asset. Stamp Duty, which is charged on transfers of shares and property is an example.

Ad valorem duties : taxes which are charged as a percentage of the value of an asset. stamp duty, which is charged on transfers of shares and property is an example.