Carrazzo Melbourne Sport of Kings Tax Talk

Media Release - Wednesday July 9

It gives Baumgartners great pleasure to announce that Paul Carrazzo’s “Sport of Kings” horse tax talk returns to Inglis Melbourne on Wednesday 13 August.

The bonus for this talk is that delegates can attend “in person” or “online”, a format Paul has recently adopted for NSW, QLD and WA talks.

Paul’s last Melbourne talk was in 2017 and the Covid intrusion has made it difficult to schedule another Melbourne talk since then, especially with the recent merger of Carrazzo Consulting and Top 100 firm, Baumgartners.

Special focus on the hot topics

The main focus of the talk will be the discussion around the landmark Darley Land Tax Case, which has thrown doubt on the land tax exemption status of many breeders and primary producers. However, as usual, there will be something in this talk for any serious horse investor, including a Q&A forum at the end.

The talk will be presented from the sale ring at The William Inglis Oaklands Junction sales complex on Wednesday 13 August @ 10 am.

Advertisement

The talk will cover off on the current hot topics in horse tax including:

  • Darley Land Tax Case – final outcome
  • Business or Hobby
  • Non-Commercial Loss rules
  • Selling Horses – FAQ’s
  • Farming Properties & Taxation
  • GST and Start-Ups
  • Stock Write-Downs
  • Sales Averages
  • Wagering and Prizemoney
  • Foal crops/stock fertility
  • Importing and Exporting trends

Paul Carrazzo and senior tax manager and fellow equine team member, Grahame Barber, will jointly present this talk.

Baumgartners would like to recognise the generous sponsors and supporters of the talk, including:

  • Inglis
  • Widden Stud
  • TROA
  • Racing.com

For further details go to www.baumgartners.com.au or email seminars@baumgartners.com.au

Advertisment
More Reading...
OTI Racing officially enters New Zealand market
OTI Racing is officially going trans-Tasman, with the Australian syndicator becoming a licensed New Zealand syndicator this week.
Sires With Winners - Monday October 6
Here is the full list of 38 stallions which had winners throughout Australasia today with winners and result details.
2025 G1 Caulfield Guineas Field and Barrier Draw
A full field plus emergencies have accepted for the $3million Group I MRC Caulfield Guineas (1600m) on Saturday with Golden Rose runners Wodeton, Autumn Boy, Nepotism and Rivellino all engaged.
Wootton Bassett G1 Double on Arc Day
The shattering loss of Wootton Bassett (GB) has been highlighted at Longchamp in France on Arc Day where the champion sire added two new Group I winners to his tally in 2YO colt Puerto Rico and the former Aussie owned 3YO colt Maranoa Charlie.
Wrote SW on Comeback Trail
Robbie Patterson had high Classic hopes for Read About It last season before his rising young star’s progress was halted by illness.
Everest Runner/New G1 Horse for Hellbent as Invincible Legacy Surges
Hellbent has made a solid start to the new season with 25 winners racking up over $2million in earnings and he will have a runner in the $20million The Everest in two weeks time with Magic Time confirmed for the Inglis slot, while at Randwick last Saturday he added another G1 performer to his tally.
Shamus Award Mare Chasing Another G1
Adverse weather has forced multiple Group One winner Quintessa to take an unorthodox route to next Saturday’s Gr.1 Livamol Classic (2040m), with the mare appearing at the Awapuni trials on Monday afternoon.
Sires With Winners - Tuesday October 7
Here is the full list of 25 stallions which had winners throughout Australasia today with winners and result details.
Briasa Boost as More Youngsters Impress on HIT Sale Eve
The timing couldn’t be better for a sale page's pedigree boost, with Briasa announcing himself as one of Australia’s most exciting sprinters following his dominant victory in Saturday’s $1 million Group Two Premiere Stakes (1200m) at Randwick.
National Thoroughbred Week invites support through GoFundMe campaign
National Thoroughbred Week (NTW) is calling on the thoroughbred community and broader public to be part of history, with the launch of a GoFundMe campaign to help bring this inaugural celebration to life.