by: Chris Larmey On Wednesday, the IRS announced new regulations regarding the withholding and reporting of pari-mutuel proceeds that will significantly help horseplayers and the entire racing industry. Just [...]
The U.S. Treasury Department and the Internal Revenue Service (IRS) today announced that they will formally adopt modernized regulations regarding the withholding and reporting of pari-mutuel proceeds. The National [...]
Contact: Keith Chamblin, NTRA, (859) 621-1120Twelve Congressmen Sign Letter Urging Treasury to Enact RECENTLY Proposed Tax Reporting, Withholding RegulationsLEXINGTON, Ky. (Wednesday, April 12, 2017) – Twelve members of Congress from [...]
Earlier today, Congressman Andy Barr (R-KY) introduced three important bills aimed at simplifying the tax code and encouraging investment in Thoroughbred racehorses. The NTRA applauds Congressman Barr for his [...]
The National Thoroughbred Racing Association (NTRA) today released the 2016 Annual Report for its bipartisan federal Political Action Committee, Horse PAC®. Horse PAC® disbursed $290,500 to federal political candidates and PACs in 2016, the largest [...]
The National Thoroughbred Racing Association (NTRA) today announced that a system has been established at http://ntra.kinsta.cloud/comment for individuals to submit an e-mail comment directly to the United States Treasury [...]
The Department of Treasury and Internal Revenue Service (IRS) today issued newly proposed regulations relating to withholding and reporting with respect to pari-mutuel winnings. The 31-page Treasury document, entitled [...]
Contact: Joe Bacigalupo, NTRA Federal Legislative Affairs, (859) 422-2677, joeb@NTRA.com URGENT EFFORTS CONTINUE TO REINSTATE H-2B VISA RETURNING WORKER EXEMPTION LEXINGTON, Ky. (Monday, December 5, 2016) – The National [...]
Greg Avioli, CEO of the Thoroughbred Owners of California, has been named to the Board of Directors of Horse PAC®, the National Thoroughbred Racing Association’s federal political action committee. The [...]
