Tag: Fair Market Value

Posted on 02/04/2024
Ad valorem tax & other terms property owners should know
Ad valorem is a Latin term meaning "according to value."...
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Posted on 12/18/2022
How to determine ad valorem tax
Latin for "according to value," the term "ad valorem" is common in tax conversations. An ad valorem tax is flexible and dependent on the value of the specific asset, product or service. If you're a property owner, you're paying an ad valorem tax on your property taxes. To better understand how this term is used, here is a...
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