The Caribbean islands are called the West Indies to correct the name, Indies, mistakenly given by Christopher Columbus. Columbus thought he had reached the Indies of Asia.
We also have lists of Words that end with tax, and words that start with tax. Search for words that start with a letter or word: 11 Letter words that contain tax. 1  Epitaxially. 2  Paclitaxels. 3  Phototaxies. 4  Phyllotaxes. 5  Phyllotaxis. 6  Pleiotaxies. 7  Stereotaxic.
In other words, ad valorem taxes can be property tax or even duty on imported items. Property ad valorem taxes are the major source of revenues for state and municipal governments. The phrase ad valorem is Latin for according to value. In the case of municipal property taxes, property owners have their property assessed on a periodic basis by a public tax assessor. The assessed value of the property is then used to compute an annual tax, which is levied on the owner by his or her municipality.