We find that unit taxes lead to more firms in the industry, less output per firm, less tax revenue, but higher welfare compared to ad valorem taxes. |
However, it was also found that the same values were used as the basis for expressing the underselling amount as an ad valorem duty. |
The enumerated articles were not to be subject to the ad valorem duty of five per centum. |
Thus a duty of 50 per cent on the value of imported woolen goods is an example of an ad valorem duty. |
The Tax Collector merges the non ad valorem assessments into the certified tax roll. |
Are you prepared to make an ironclad agreement to that effect, that there will be no ad valorem charges to debit cards? |