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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

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

Tax Bill Benefits Breeders and Owners, Doubles Certain Depreciation Provisions

The Tax Bill cleared by Congress for President Trump’s signature contains a number of provisions beneficial to horse breeders and owners, according to an initial assessment by the National Thoroughbred Racing Association (NTRA). The tax reform package benefits the horse racing industry by slashing corporate tax rates, reducing most individual tax rates, doubling the estate … Read more

New Benefit for TOC Owners

Arcadia, CA (Tuesday, January 12, 2017)—The Thoroughbred Owners of California (TOC) and National Thoroughbred Racing Association (NTRA) today announced the formation of TOC Advantage, a member benefits program designed to bring TOC members significant savings on a number of nationally respected brands affiliated with the NTRA. TOC membership gains access to savings on products used … Read more