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Oct. 21, 2022 7:56am


Author Topic: Question on taxing our own stallions  (Read 803 times)

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Offline Grace LittlefTopic starter

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Question on taxing our own stallions
« on: July 17, 2013, 10:00:49 pm »
Why do we pay a tax on our studs fee if our use is free, shouldn't the tax be nothing or a small fixed rate since we use them for free? Thanks ,I never noticed before but with mo ey tight I started looking over my taxes and just noticed, lol , only been p,agin 8 yrs , hahahahahha  :o
WHEN GOD CREATED THE HORSE,HE SPOKE TO THE MAGNIFICENT CREATURE: I HAVE MADE THEE WITHOUT EQUAL, ALL THE TREASURE OF THIS EARTH LIE BETWEEN THY EYES.

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Offline Shanthi

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Re: Question on taxing our own stallions
« Reply #1 on: July 17, 2013, 11:08:28 pm »
Taxes represent the cost to own/keep the horse, plus upkeep of the facilities for the horse. So your stallion tax covers his feed/vet/farrier/etc, plus the upkeep of your pastures, barns, stud management staff, etc. You still have to pay those things even if you use a stud privately.

Offline Grace LittlefTopic starter

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Re: Question on taxing our own stallions
« Reply #2 on: July 18, 2013, 02:38:45 am »
Ok cool thanks, I don't know why I never noticed it before! Lol
WHEN GOD CREATED THE HORSE,HE SPOKE TO THE MAGNIFICENT CREATURE: I HAVE MADE THEE WITHOUT EQUAL, ALL THE TREASURE OF THIS EARTH LIE BETWEEN THY EYES.

Home of,Ch. Set It OffNew in the Studbarn-guest stallion-NCh.Irish Gold,our studs- ICH.Gilded Saint, NCH.Golden Text, NCh. Black Light II