A Call For Tax Fairness October 09, 2013 Standardbred Canada is strongly encouraging its members and industry participants to take action to fight for tax fairness for the Canadian agriculture industry.
Raceline Summary Available For Taxes April 11, 2013 Horsepeople can now receive a comprehensive Driver, Trainer or Owner Raceline Summary for 2012 to help with updating records or to assist with income tax filing.
SC Concerned About Proposed Changes To The Income Tax Act April 01, 2013 On March 21, 2013, the federal budget was released, containing proposed changes to Section 31 of the Income Tax Act. This Section of the Act outlines the circumstances where a farmer may deduct up to...
Federal Budget Changes Section 31 March 22, 2013 Canada's Federal Budget, released on March 21, 2013 contains two changes to section 31 of the Income Tax Act, in effect reversing the decision horse owner John Craig won at the Supreme Court level in ...
Tax Changes For Horse Owners February 22, 2013 As many in the horse racing industry look to file their taxes for 2012, today's edition of Trot Radio provides a reminder of one of the few good news stories to affect horse owners last year.
Supreme Court Rules In Favour Of Craig August 02, 2012 On Wednesday, August 1, the Supreme Court of Canada ruled against the Crown's appeal of a January 2011 Federal Court decision which sided in favour of lawyer/horse owner John Craig. The 2011 decision ...
Craig Wins Tax Relief Case January 26, 2011 In a landmark ruling that will be welcome news to the Canadian harness racing industry, lawyer and horse owner John Craig has won his appeal to the Federal Court to deduct more than the $8,750 current...
KY. House Approves Wagering Taxation Bill February 26, 2010 It has been reported that the Kentucky House today overwhelmingly passed a bill in regard to the taxation of wagers on horse racing which are made from home
Tax Relief For Part-Time Owners? February 23, 2010 A recent Canadian court decision could lay new groundwork allowing part-time horse owners to deduct all losses incurred against annual income tax
