In response to efforts spearheaded by the NTRA, the U.S. Department of the Treasury and Internal Revenue Service (IRS) are considering changes to reporting and withholding requirements that would dramatically change the tax structure for pari-mutuel winnings. We applaud the NTRA’s efforts on behalf of our industry and urge you to show your support by … Read more
NTRA SUBMITS OFFICIAL RESPONSE TO IRS/TREASURY REQUEST FOR COMMENT ON PARI-MUTUEL REPORTING AND WITHHOLDING Public Invited to Submit Comments to Policymakers LEXINGTON, Ky. (Tuesday, April 21, 2015) – The National Thoroughbred Racing Association (NTRA) has submitted its official response to an invitation by the Department of the Treasury (Treasury) and the Internal Revenue Service (IRS) for … Read more
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