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.
A fast Group winning sprinter by Breeders Cup Classic winner Blame, Officiating (USA) was carefully selected by Aquis Stallions following a global headhunting mission to secure an outcross stallion for Queensland and his first foals are arriving this spring.