1
Law::
ad valorum duty / tax (duties are either ad valorem or specific; the former when the duty is laid in the form of a percentage on the value of the property; the latter where it is imposed as a fixed sum on each article of a class without regard to its value – Black(. In Iran, annual duties or taxes levied on automotive vehicles and landed property by Finance Ministry (Internal Revenue Service) and the municipality as well as taxes for conveyance of automotive vehicles and landed property are specific and according to periodically adjusted schedules without regard to their actual value.
فرهنگ تشریحی - کاربردی حقوق تالیف هرمز رشدیه