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 [...]
Two U.S. congressmen, Rep. John Yarmuth (D-KY) and Rep. Charles Boustany (R-LA), have submitted a joint letter to the U.S. Department of Treasury Secretary Jacob Lew urging finalization of proposed rule changes regarding withholding and [...]
The U.S. House of Representatives approved the fiscal year 2017 Financial Services and General Government Appropriations bill Thursday evening that includes report language detailing Committee on Appropriations instructions for the [...]
IMMEDIATE RELEASE Contact: Joan Lawrence (646) 335-6833 UNITED STATES SENATE COMMITTEE JOINS HOUSE IN PRESSING TREASURY AND IRS TO MODERNIZE PARI-MUTUEL TAX TREATMENT WASHINGTON, D.C. (Thursday, June 16, 2016) The [...]
IMMEDIATE RELEASE Contact: Joan Lawrence (646) 335-6833 CONGRESSIONAL COMMITTEE PUSHES IRS TO MODERNIZE PARI-MUTUEL TAX TREATMENT The U.S. House of Representatives Committee on Appropriations today passed the Financial Services and [...]
LEXINGTON, Ky. (Tuesday, May 26, 2015) – The Thoroughbred racing industry is rallying around a proposal to modernize regulations relating to the taxing of pari-mutuel winnings, one week prior to [...]
LEXINGTON, Ky. (Tuesday, May 19, 2015) – With a June 2 deadline looming, only 14 days away, the National Thoroughbred Racing Association (NTRA) is urging individuals to submit a comment [...]
LEXINGTON, Ky. (Friday, May 8, 2015) – Governor Steve Beshear of Kentucky has submitted a second letter to the U.S. Department of Treasury in support of amending Treasury regulations regarding [...]
LEXINGTON, Ky. (Wednesday, May 6, 2015) – Two prominent congressmen, Rep. John Yarmuth (D-KY) and Rep. Charles Boustany (R-LA), have submitted a letter to the U.S. Department of Treasury reinforcing their support for amending [...]
