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 generally applicable to all tax payers; and the behind the scenes politics as the NTRA advanced industry issues while preserving or blocking others.
If you have any follow up questions, especially on policy, reach out to NTRA’s Government Affairs Office.
If you would like to listen to a replay of the Teleconference (full transcript provided), click here.
TOC is hosting a Tax Planning Seminar on Saturday, February 10. This event will also be live streamed from Golden Gate Fields. For more information and to register, click here!