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The Equine Equity Act, which reduces the capital gains holding period for horses and shortens the depreciation schedule for racehorses, is part of the 2007 Farm Bill and could be approved by the United States Senate in a few days.
Thursday, December 13, 2007The United States Senate on July 15 agreed by voice vote to send the foreign sales corporation bill, which includes provisions to eliminate the 30% withholding tax on winnings by foreign bettors and reduce the capital gains holding period for horses from two years to one, to conference.
Friday, July 16, 2004+10000000)+'&millis='+new Date().getTime()+'&zid=473&keywords=wittholding-tax&referrer='+encodeURIComponent(document.location)+')
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