Drastic Taxing Proposed: Tracks in Ontario May be Required to Pay One-Fifth of All Receipts, Daily Racing Form, 1915-12-03

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DRASTIC TAXIKG PROPOSED ] TRACKS IK ONTARIO HAY BE REQUIRED TO PAT ONE-FIFTH OF ALL RECEIPTS. i If Measure Is Adopted Windsor Alone Would Pay . Xearly as Much as All Tracks Com- bined Did This Year. 1 Toronto, Out.. December 2. — A bill is in process of being drawn up l»y tlie Ontario government im-lih a tax. of 0 per cent, on the gross receipts JVuui all sources, gale. mulucls, etc., at all race track plants in the province. It will be submitted i to the house at the next session and. if adopted. will go into operation next spring. There are at j present iu Ontario seven tracks where running races • M» conducted, thre-e in Toronto, one iu Ottawa, [ una in Hamilton, one iu Fort Erh. one in Windsor. ] Tlie returns to the government under the proposed new plan will represent a tremendous increase in revenue. At present the tax is 00 a day or ] MH. 00 for the ninetv-eight days of racing. The returns from one of tlie tracks in Ontario this year showed total gross receipts of 00,000 for the fourteen days of racing, so that track alone would contribute 0. r:t0 to the government, or ueariy as mue-li as all seven tracks combined are now asked to turn into the provincial coffer*. The tax will not increase the percentage taken , tiy the clubs from the lietiing public, but is to be collected from the earnings of each club.


Persistent Link: https://drf.uky.edu/catalog/1910s/drf1915120301/drf1915120301_1_2
Local Identifier: drf1915120301_1_2
Library of Congress Record: https://lccn.loc.gov/unk82075800