TAX INCENTIVES FOR YEARLING BUYS

From NTRA
WASHINGTON, D.C. (Aug. 2, 2012) -- To help you plan for the yearling sales, the NTRA has prepared information that summarizes the 2012 investment incentives. These incentives are designed to encourage investment by businesses, including those in the Thoroughbred industry. Please take a few moments to review the resources below before you visit the sale grounds.

  1. 2012 Investment Incentives (short video)
  2. Summary of Incentives (two-page printable flyer)
  3. Example Sheet (one-page printable flyer)

These incentives are scheduled to either expire or be reduced next year, making 2012 an attractive year to purchase horses, equipment and other depreciable property.

As always, the NTRA recommends that you consult a tax advisor to help plan your purchases.