Silent Action (AUS)

The least expensive filly by champion sire I Am Invincible sold at Inglis Easter in 2024, Wear the Crown always looked to have been well bought at $260,000 by Seib/Racing / Champion Thoroughbreds and she set about repaying her purchase price at Goulburn on Thursday.

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.