My Joy (AUS)

One of the key areas in thoroughbred taxation is accounting for trading stock and ensuring the tax closing value is properly ascertained. You’d be quite surprised of the enormous difference to the tax position of any racing player where trading stock problems occur.

Since the $1million Golden Rose was elevated to Group I status in 2009 it has been won in every single year bar one by a colt with the lone gelding to succeed being Manawanui in 2011 and winning this race is a passport to a commercial stud career, so we thought we’d take a look at the fortunes of the past winners who have gone to stud in Australia.