Reader Interactions
Comments
Leave a Reply
You must be logged in to post a comment.
Free ACCA & CIMA online courses from OpenTuition
Free Notes, Lectures, Tests and Forums for ACCA and CIMA exams
Free ACCA & CIMA online courses from OpenTuition
Free Notes, Lectures, Tests and Forums for ACCA and CIMA exams
Yes. It is charged as a % of value not of units
Yes. it is a % of the value not the units.
what is volorem tax?
An “ad valorem tax” is charged as a fixed percentage of the price of goods. A good example is value added tax.
I got 100 %
got 100%
interesting
interesting
An ad valorem tax is related to value and ‘false’ is marked as the correct response.
On q6 why is false incorrect?
It is charged as a fixed percentage
It is charged as a % of value not as an amount per unit.