view counter
view counter

Federal Court Rules Purses Not GST Exempt

Published: February 18, 2010 12:52 pm ET

Last Comment: February 20, 2010 3:07 pm ET | 2 Comment(s) | Jump to Comments

The Federal Court of Appeal recently delivered its decision regarding GST on trainer and driver purse winnings.

The court overturned a 2008 Tax Court ruling, wherein horseman Joe Hudon contended that purse money received by trainers and drivers from pari-mutuel contests should be GST-exempt, as they were part of driver / trainer income.

To read the latest ruling, click here.

February 20, 2010 - 3:07 pmYou think the federal

You think the federal government doesn't know where harness racing will be in 5 years!!!

The federal government is just doing what the track operators have been doing for years,getting as much money out of the game before this 1960's game goes out of business.

February 18, 2010 - 2:05 pmKeep ruling against the

Keep ruling against the owners and soon, there won't be any. It doesn't cost much to be a driver, but it does to be an owner!!!!!

view counter

© 2019 Standardbred Canada. All rights reserved. Use of this site signifies your agreement and compliance with the legal disclaimer and privacy policy.

Firefox 3 Best with IE 7 Built with Drupal