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TOC News Article Archives

Three-Year Racehorse Depreciation Returns Retroactively For Fiscal Year 2017

LEXINGTON, Ky. (Friday, February 9, 2018) President Trump today signed into law the Bipartisan Budget Act, a bill that among other measures extends retroactively for fiscal year 2017 uniform three-year racehorse depreciation, an important tax provision supported by the National Thoroughbred Racing Association (NTRA) that expired in 2016 alongside certain other expired tax provisions. The … Read more

Longshot Fault Rallies To Take Grade Ii, $200,000 Buena Vista Stakes

FAULT Benoit Photo LONGSHOT FAULT RALLIES TO TAKE GRADE II, $200,000 BUENA VISTA STAKES BY ONE LENGTH UNDER RED-HOT FRANCO; TRAINED BY D’AMATO, FAULT GETS MILE ON GRASS IN 1:33.49 ARCADIA, Calif. (Feb. 17, 2018)—Under patient handling from an upstart Geovanni Franco, longshot Fault charged home to take Saturday’s Grade II, $200,000 Buena Vista Stakes … Read more

Successful Teleconference Overviewing New Tax Bill – Audio and Transcript Available

On Thursday, January 11, 2018, the Thoroughbred Owners of California and National Thoroughbred Racing Association (NTRA) hosted a legislative update for TOC members to provide details on the new federal tax bill. The update covered a number of areas, including aspects of the tax bill most pertinent to owners, breeders, trainers and horseplayers; code changes … Read more

Exclusive TOC Teleconference January 11 to Provide Overview of New Tax Bill

NTRA Legislative Team to Focus on Impact on Owners and Breeders The Thoroughbred Owners of California and National Thoroughbred Racing Association (NTRA) will jointly host a legislative update for TOC members to provide details on the new federal tax bill. The teleconference will be held Thursday, January 11 at 1:00 p.m. PST. The update will cover … Read more