HORSEPLOP.COM

General Category => Harness Racing => Topic started by: bond on June 07, 2018, 01:05:04 PM

Title: Delaware seeks to eliminate hidden ownership.
Post by: bond on June 07, 2018, 01:05:04 PM
"What they are asking for includes showing the purchasing and selling prices on all horse; record of payments from racetracks; documentation of payments to all owners; training bill to all owners, bank statement, tax returns, 1099’s and W-2’s and the list goes on and on, more than 20 items are being asked for."


Must be a serious problem for them to want so much detail.

Surely they can trim it down enough to root out the cheaters without having this much information handed to them
Title: Re: Delaware seeks to eliminate hidden ownership.
Post by: Larrylou32 on June 07, 2018, 01:37:53 PM
where are they asking for this? On the application to race?
Title: Re: Delaware seeks to eliminate hidden ownership.
Post by: VoiceofRCR on June 07, 2018, 01:44:42 PM
 The enforcement and collection of this data is a lot to put on any type of state regulatory folks. The Manpower will be extraordinary. If they pull it off, god bless them.
Title: Re: Delaware seeks to eliminate hidden ownership.
Post by: The Exporter on June 07, 2018, 02:01:30 PM
The State should be able to handle it. I would assume it is done more as a deterrent than an actual audit. If you are a common beard, you prolly don't have the funds or desire to challenge.
Title: Re: Delaware seeks to eliminate hidden ownership.
Post by: Larrylou32 on June 07, 2018, 04:56:26 PM
The State should be able to handle it. I would assume it is done more as a deterrent than an actual audit. If you are a common beard, you prolly don't have the funds or desire to challenge.

Thanks for the information. Do you know when I will have to provide this?
Title: Re: Delaware seeks to eliminate hidden ownership.
Post by: The Exporter on June 08, 2018, 09:33:20 AM
http://www.harnesslink.com/International/Delaware-Commission-shocks-horsemen-in-letter
Title: Re: Delaware seeks to eliminate hidden ownership.
Post by: Sam R on June 08, 2018, 10:48:27 AM
Sounds like Tony Morgan will have problems
Title: Re: Delaware seeks to eliminate hidden ownership.
Post by: TWOGOLDTEEFS on June 08, 2018, 11:21:25 AM
Sounds like Tony Morgan will have problems

Noah needs to start getting stalls ready in buckeye
Title: Re: Delaware seeks to eliminate hidden ownership.
Post by: Powerful Patricks Ghost on June 08, 2018, 12:27:55 PM
IF Taylor is serious he better hope he never gets audited

Quote
“I am going to comply to the best of my ability within reason,” Taylor explained. “They say in the letter that they are looking for is hidden ownership. I am not going to give them a lot of items including my tax returns. I don’t keep 1099’s and I don’t know what my accountant does with them.
Title: Re: Delaware seeks to eliminate hidden ownership.
Post by: FLEAMAN on June 09, 2018, 08:37:06 PM
And the Trunk Doctor will have some real big problems if he's ever pulled over and that trunk is search !!!
Title: Re: Delaware seeks to eliminate hidden ownership.
Post by: hoosierboy on June 09, 2018, 10:38:26 PM
Sounds like Tony Morgan will have problems

Tony has been doing it for years he’s a professional has nothing to worry about
Title: Re: Delaware seeks to eliminate hidden ownership.
Post by: Larrylou32 on June 10, 2018, 01:42:33 PM
Tony has been doing it for years he’s a professional has nothing to worry about

Tony Morgan and all the other Delaware imports
Title: Re: Delaware seeks to eliminate hidden ownership.
Post by: Larrylou32 on June 20, 2018, 03:00:05 PM
Does anyone know the due date for all the ownership paperwork to be submitted to the track
Title: Delaware hiddenownership
Post by: Larrylou32 on July 22, 2018, 10:51:47 AM
Does anybody know whats going on with this? Are the horseman being cooperative?
Title: Re: Delaware seeks to eliminate hidden ownership.
Post by: spaheaven on July 22, 2018, 06:12:27 PM
Lmao, Delaware, the king of hidden ownership llc's
Title: Re: Delaware seeks to eliminate hidden ownership.
Post by: Larrylou32 on July 22, 2018, 06:26:50 PM
the brown stain tony morgan is in deep do-do


There are more in trouble than just Tony. Josh Green is f-d alone with Dylan Davis
Title: Re: Delaware seeks to eliminate hidden ownership.
Post by: MR.DALRAE on July 22, 2018, 09:06:50 PM
WHATA CREW IN THE FIRST STATE,,,,,,,,BUT I THINK PA IS WORSE
Title: Re: Delaware seeks to eliminate hidden ownership.
Post by: FLEAMAN on July 22, 2018, 09:46:43 PM
The Trunk Doctor is a professional what ? Vet, gambler, medicine man, what ?
Title: Re: Delaware seeks to eliminate hidden ownership.
Post by: Larrylou32 on July 23, 2018, 08:56:08 AM
Article says that all paperwork had to be submitted by July 2. Wonder if that happened
Title: Re: Delaware seeks to eliminate hidden ownership.
Post by: RickFletcher on July 25, 2018, 10:41:55 AM
I think it is about time to clean the crap up in Delaware. So much BS not to mention all the drug selling!!!
Title: Re: Delaware seeks to eliminate hidden ownership.
Post by: Larrylou32 on July 25, 2018, 02:30:48 PM
Little old sleepy Delaware. Better check out the Maryland and PA people racing in Delaware owned. The  Delaware horsemen have allowed this and don't say a word.

Spot on
Title: Re: Delaware seeks to eliminate hidden ownership.
Post by: battleground on July 25, 2018, 03:26:28 PM
Delaware is like a brotherhood, cool if your in and if your not you got troubles.
Title: Re: Delaware seeks to eliminate hidden ownership.
Post by: Larrylou32 on July 26, 2018, 12:36:45 PM
Which horseman turned in their records and who didnt
Title: Re: Delaware seeks to eliminate hidden ownership.
Post by: viking55 on July 26, 2018, 12:54:04 PM
Delaware is like a brotherhood, cool if your in and if your not you got troubles.


 tmbz1 tmbz1
SimplePortal 2.3.7 © 2008-2024, SimplePortal