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.
Participants included:
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!