Race Horse Cost Recover Act and Equine Tax Parity Act Introduced

On October 1, 2015 Congressman Andy Barr (R-KY) re-introduced the Race Horse Cost Recover Act (HR 3671) and Equine Tax Parity Act (HR 3672) The Race Horse Cost Recover Act would permanently place all race horses in the three-year category for tax depreciation purposes A 2008 provision that

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