. Breeder and sportsman. Horses. aturday, December 30, 1916.]. THE BREEDER AND SPORTSMAN A STORY OF ED. CORRIGAN. facing Tax in Canada. The tracks operating in Montreal, Canada, and icinity, will either use pari-mutuels next season or ;o out of business, owing to a new tax law passed by he Quebec legislature. The tax provided for the nile courses in Montreal and neighborhood is 51000 )er day in place of a percentage as was originally ;uggested. The half mile tracks, charging not more nan 50 cents gate admission, will be only taxed $300 ler racing day. This applies to tracks operating the lari-
. Breeder and sportsman. Horses. aturday, December 30, 1916.]. THE BREEDER AND SPORTSMAN A STORY OF ED. CORRIGAN. facing Tax in Canada. The tracks operating in Montreal, Canada, and icinity, will either use pari-mutuels next season or ;o out of business, owing to a new tax law passed by he Quebec legislature. The tax provided for the nile courses in Montreal and neighborhood is 51000 )er day in place of a percentage as was originally ;uggested. The half mile tracks, charging not more nan 50 cents gate admission, will be only taxed $300 ler racing day. This applies to tracks operating the lari-mutuel system of betting. , For associations using the bookmaking system the will be doubled and, in addition, each bookmaker trill have to pay a license of $100 per racing day to receive a license to operate. The local jockey clubs :were well represented at the Legislature when the 2ill was passed, and the majority of them have al- ready decided to install the mutuels. Each of the half mile track managements will be put to an expense of about $10,000 in installing the plants. The bill does not sa'y what percentage is to 'be taken, but it is likely that the Government will :onfme itself to 8 per cent at the largest. There are now seven tracks being operated in Montreal which gives ninety-eight days' racing,' so 'that the revenue derived from them will be a hand- 'some one. The passing of the Syndicate Ring is 'looked on as a good thing for the racing generally in the province. Two-Year-Olds Will Race at New Orleans, i That meeting of horsemen down at New Orleans â this week at which it was agreed to race two-year- iolds from the start of the meeting on New Year's ijday, just as if there had been no adverse ruling by the turf powers of the East, West and Canada, bears ,no particular significance because it always had been jexpected that the winter tracks would have racing ,for the "babies" regardless of the rule. I It is fairly safe to estimate that not many more
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Keywords: ., bookcentury1800, bookdecade1880, booksubjecthorses, bookyear1882
