Skip to main content

Search from vocabulary

Content language

Concept information

Preferred term

ad valorem duties  

Definition

  • Ad valorem duties are duties that are a fixed percentage of the price of the imported good. While conceptually straightforward, the administration of ad valorem duties may be complex, reflecting the practical difficulties in establishing the value of imported goods. [Source: Encyclopedia of Business in Today's World; Ad Valorem Duties]

Broader concept

Belongs to group

URI

https://concepts.sagepub.com/social-science/concept/ad_valorem_duties

Download this concept: