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Ad valorem tax means?
Classroom
Economics Classroom
Jamb
Jamb 1987
Public Finance
Principles Of Taxation
More Topics
Ad valorem tax means?
SchoolNGR Classroom
Take Free Practice Test On 2026 JAMB UTME, Post UTME, WAEC SSCE, GCE, NECO SSCE
A
A certain percentage tax based on the value of the commodity
B
A certain percentage tax based on the volume of the commodity
C
A tax on the income of the consumer
D
Payment of a tax on the profits made
Show Answer
Show Explanation
Correct Answer:
Option A
Explanation:
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