What Is Ad Valorem - Search Videos

“Ad valorem” is a Latin term that means “according to the value.” Ad valorem taxes are levied on property, with the amount of the tax depends on the appraised or assessed value of the item.

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"Ad Valorem" is a Latin term meaning “according to the value”. All duties and taxes are calculated on the basis of value, so you may see this quite often when shipping internationally.  Even if you don't speak Latin, this is a phrase you need to know!  Stay tuned to this channel for more helpful logistics lingo. #DHLExpress #LogisticsDefined #AdValorem | DHL Express UK | Facebook

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