[phāsī tām mūnlakhā] (n, exp) EN:ad valorem tax ; ad valorem duty
Result from Foreign Dictionaries (1 entries found)
From WordNet (r) 3.0 (2006) [wn]:
ad valorem tax
n 1: a tax levied on the difference between a commodity's price
before taxes and its cost of production [syn: {VAT},
{value-added tax}, {ad valorem tax}]