Raise Ontario Tracks Tax: Rumored That Mile Tracks Will be Assessed 0,000 Daily in 1921, Daily Racing Form, 1921-01-01

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I 1 • • "■ • ■ : J "• ■• J 1 - 1 RAISE ONTARIO TRACKS TAX Rumored That Mile Tracks Will Be Assessed 0,000 Daily in 1921. TORONTO. Ont.. December 81. It was semiofficially announced today that the Ontario govera- 1:11 ni will increase the daily tax on the mile mc tracks in this province next year from 87,580 to 10.000. because of the large profits shown this year. There were ill racinjr days in Ontario this year. of which ninety-eight were 011 the mile tracks and fourteen on the half-mile track 1 Dufferin Park at ioront 1 The sum- wagered and profits made a- showi. by the official reports lo the provincial treasurer are: Cbah, Wagered. Profit-. Ontario Jockey Club So. 77. -7- 11,000 Western Bacing Asaocial km . . .-..i:«.s7 285.IMMI NUgara Bacing Association... ."...I l.«l7 882, i00 Tliormliffe Park 4.232.S21 123,000 Hamillon Jockey Club 4.119.11." 1".9 .000 M. -tropolitan Bacing Aasa 1.185,102 :.7.mi» Toronto Driving Club 1.028.820 Io.immi Windsor Jocke.1 Club 7.M9.T77 880,000 Keiiilworth Park ;.9 r_.ol7 40* .0IXI This year the racing aaaoeiatlona were allowed to take lo per cent ill the llltllllel macliiiie-. Next year the Dominion government legislation will be in effect, grading the take off from 7 per cent down to :: per cent according to the amount wagered OB each race, the more money bet the smaller the percentage for the Hack This, and the Increased provincial daih tax will reduce tin profits t, a considerable extent.


Persistent Link: https://drf.uky.edu/catalog/1920s/drf1921010101/drf1921010101_1_8
Local Identifier: drf1921010101_1_8
Library of Congress Record: https://lccn.loc.gov/unk82075800