Withholding on Payments of Certain Gambling Winnings
The NTRA has established this electronic message system for individuals to submit a comment directly to the United States Treasury Department in support of newly proposed regulations related to withholding and reporting of pari-mutuel winnings. The proposed regulations are the culmination of a nearly three year effort spearheaded by the NTRA. We are confident that once adopted, the proposed regulations will modernize the withholding and reporting of pari-mutuel winnings, creating tens of millions of dollars annually in additional pari-mutuel handle and positively impacting every segment of the industry including governments. Thank you in advance for submitting a comment in support of these important regulations.