Excise Tax

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BC Tax Break Passes Kentucky Senate

BC Tax Break Passes Kentucky Senate

A 187-page bill that passed the Kentucky Senate March 13 includes provisions for a tax break for the Breeders' Cup World Championships if the event is held in Kentucky in 2011 or 2012, or 2011 and 2012.

Account-Bet Provisions Stripped From Arkansas Bill

Legislation that would grant Oaklawn Park a reduction in its pari-mutuel excise tax is back in the Arkansas Senate's Committee on Revenue and Tax after having failed to pass the Senate Thursday. The bill has already been amended to strike out language that would authorize Oaklawn and Southland Greyhound Park to engage in account wagering.

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