It is an ad valorem tax of 0.125 percent imposed on commercial cargo loaded and unloaded at specified U.S. ports open to public navigation.
It is an income tax of 0.125 percent imposed
mnli hypothesis: It is an income tax of 0.125 percent imposed premise: It is an ad valorem tax of 0.125 percent imposed on commercial cargo loaded and unloaded at specified U.S. ports open to public navigation.