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BloodHorse.com Articles for "Foreign Wagers"

Foreign Withholding Lopped From Federal Tax Cut Bill

Congress passed a $350-billion tax cut measure on May 23, but the bill did not include a clause eliminating an existing 30% withholding tax on winning pari-mutuel wagers placed by foreigners through U.S. betting pools.

 Tuesday, May 27, 2003

House Bill Calls for Elimination of Withholding Tax

A provision to eliminate the 30% withholding tax on foreigners who wager on pari-mutuel racing in the United States is part of a broad military tax-break bill scheduled to be addressed March 6 by the U.S. House of Representatives.

 Wednesday, March 05, 2003