European Buyers Face New Tax on U.S. Imports
European horse buyers may be subject to an excise tax of at least 5% on horses they purchase and bring home from the United States as a result of trade sanctions imposed against the U.S. on March 1 by the European Union (EU).
Horses are included in the list of imported products being taxed, though breeding stock and horses destined for immediate slaughter are exempt. No specifics wer
- Topics: Article
European horse buyers may be subject to an excise tax of at least 5% on horses they purchase and bring home from the United States as a result of trade sanctions imposed against the U.S. on March 1 by the European Union (EU).
Horses are included in the list of imported products being taxed, though breeding stock and horses destined for immediate slaughter are exempt. No specifics were provided to U.S. government officials by the EU whether or not filly and colt weanlings, yearlings, or 2-year-olds in training would be classified as breeding stock
Create a free account with TheHorse.com to view this content.
TheHorse.com is home to thousands of free articles about horse health care. In order to access some of our exclusive free content, you must be signed into TheHorse.com.
Start your free account today!
Already have an account?
and continue reading.
Written by:
Ray Paulick
Related Articles
Stay on top of the most recent Horse Health news with
