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View Full Version : proposed changes in tax law regarding PM wagering


thespaah
07-13-2016, 10:04 PM
It appears legislation may be passed that changes the way bettors are taxed on winning wagers.
The proposal would change the way the tax is figured to account not just the amount of the base bet, but the entire amount wagered by one person into a single pool.
http://www.bloodhorse.com/horse-racing/articles/213279/congressmen-push-pari-mutuel-tax-changes?source=rss
Comments?

AndyC
07-13-2016, 11:46 PM
See http://www.paceadvantage.com/forum/showthread.php?t=132076