Tax Reduction Allocations Revised July 28, 2014 On Monday, July 28, the Ontario Racing Commission announced the approval of revised allocations of the Pari-Mutuel Tax Reduction (PMTR) to support and encourage the horse racing industry in Ontario.
USTA Endorses Congressional Request June 06, 2014 On Friday, June 6, the United States Trotting Association announced that it has endorsed a bi-partisan Congressional request to change the manner in which the Internal Revenue Service (IRS) calculates...
Red Mile To Apply For Instant Racing March 31, 2014 It has been reported that officials from the Red Mile are working on a proposal that would see Instant Racing terminals – also known as Historical Racing terminals – installed at the harness raceway i...
Tax Changes For Horse Owners March 27, 2014 If you've yet to file your taxes for 2013, the following article penned by one of Canada's foremost experts on equine law and taxation could provide important information.
Kentucky Instant Racing News March 26, 2014 It has been reported that on Tuesday (March 25) the Kentucky Senate approved a 1.5 per cent tax on ‘Instant Racing,’ also known as ‘Historical Racing.’
Ohio Track, County Reach Tax Deal March 03, 2014 It has been reported that officials in Ohio’s Warren County have reached a tax deal with operators of the Miami Valley Raceway.
NJ Tax Repeal Effort Update February 24, 2014 Attorney Dana R. Bowling, who is spearheading the repeal of New Jersey’s sales tax on horse boarding, is asking the horse racing community to write legislators to ask for support for Bill A-1301.
Tax Exemptions Proposed For Barns January 17, 2014 Former Charlottetown city councilor Philip Brown has said that he believes that the city should be providing a 10-year property tax exemption on the new barns being constructed at the Charlottetown Dr...
Workshop On NJ Boarding Tax Bill January 16, 2014 A horse boarding and New Jersey sales tax workshop will be taking place this Sunday (January 19).
Dancer On NJ Boarding Tax Bill January 06, 2014 New Jersey Assemblyman Ron Dancer has commented on his legislation which is aimed to ease the tax burden that state boarding facilities are currently facing.
Dancer Introduces Tax Exemption Bill December 10, 2013 Legislation introduced in New Jersey by Assemblyman Ron Dancer clarifies that the rental of certain stable stalls is an exemption from tax charges, a measure that is crucial to the viability of the st...
Pre-Budget Consultations Begin November 14, 2013 The Standing Committee on Finance has begun its review of pre-budget consultations and horse racing participants are being reminded to contact their local members of parliament to speak out for tax fa...