Derived from the Latin term meaning “according to value,” an ad valorem tariff is a tax imposed on goods based on their value ...

A state lawmaker filed new legislation to remove the property tax fees for vehicles from those inheriting one from a dead ...

D erived from the Latin term meaning “according to value,” an ad valorem tariff is a tax imposed on goods based on their value rather than their quantity or weight. This type of tariff is ...

President Trump has threatened 25% tariffs on imports from Canada and Mexico, as well as an additional 10% tariff on imports ...

You may also owe taxes on personal property for items such as your car, boat, or RV. Ad Valorem Tax Property taxes are an ad valorem tax, meaning the tax is based on the assessed value of an item.