all are ad valorem taxes except one: a. poll tax, b. estate tax, c. real property tax, d. capital gains tax on real property capital asset
Answer (1)
The answer is A. Poll Tax.Ad valorem taxes are taxes based on the value of a property or transaction. The amount of tax changes according to the value of what is being taxed.Poll tax is a fixed amount charged per person regardless of income or property value, so it is not ad valorem.Estate tax, real property tax, and capital gains tax on real property are all based on the value of the property or asset, so they are ad valorem taxes.
