Senate Tax Bill Includes Shortening Of Holding Period For Horses

The American Horse Council reports that the tax bill passed by the Senate on Friday, July 30, includes a provision that would shorten the holding period for horses from two years to one to realize capital gains treatment upon sale. The shortening of the holding period for horses was pushed by Senators Mitch McConnell (R-KY) and Jim Bunning (R-KY).

To continue reading this article, become a member of

It's FREE and you'll get full access to more than 20,000 articles, video, free reports & more.

Sign In
Stay on top of the most recent Horse Health news with FREE weekly newsletters from Learn More

Free Newsletters

Sign up for the latest in:

From our partners