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An ad valorem tax means
Classroom
Economics Classroom
Jamb
Jamb 1979
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An ad valorem tax means
SchoolNGR Classroom
Take Free Practice Test On 2026 JAMB UTME, Post UTME, WAEC SSCE, GCE, NECO SSCE
A
Total amount of an income tax
B
A certain percentage on the value of a commodity
C
A certain percentage tax on the volume of commodity
D
A tax on capital gain
E
A profit tax
Show Answer
Show Explanation
Correct Answer:
Option B
Explanation:
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