Author Topic: Tariffs when shipping north?  (Read 3015 times)

0 Members and 1 Guest are viewing this topic.

helpplease

  • Open / FFA
  • ****
  • Posts: 301
Tariffs when shipping north?
« on: March 07, 2025, 05:52:56 PM »
Has anyone read what the tariff situation would (if any) be when shipping a horse north of the boarder to race?

Kirbys Ace

  • Elite
  • ******
  • Posts: 2695
Re: Tariffs when shipping north?
« Reply #1 on: March 07, 2025, 05:56:26 PM »
unbelievable!

If you show your Platinum Card, you're ok!

 ngc3



SCM getting ready for the big race!
https://www.youtube.com/watch?v=ruQryPkB5w0

SCM Harness Racing new Pope!
https://www.youtube.com/live/n1mA_lT3WMI

Stan durbread

  • Elite
  • ******
  • Posts: 2050
Re: Tariffs when shipping north?
« Reply #2 on: March 07, 2025, 06:24:04 PM »
Has anyone read what the tariff situation would (if any) be when shipping a horse north of the boarder to race?
Go on temporary papers. Tariffs are only on purchases

The Unstable

  • Stakes Horse
  • *****
  • Posts: 590
Re: Tariffs when shipping north?
« Reply #3 on: March 13, 2025, 09:07:07 AM »
SO MUCH WINNING.  TARIFFS ARE SO EASY. 

Paulick lays out what a disaster this may be for racing.

https://paulickreport.com/news/bloodstock/how-could-u-s-canadian-tariffs-affect-the-thoroughbred-bloodstock-industry

Yonkers1A

  • Stakes Horse
  • *****
  • Posts: 1346
Re: Tariffs when shipping north?
« Reply #4 on: March 13, 2025, 09:19:27 AM »
I guess it’s breed American buy American or pay 25%

Calhoun

  • Elite
  • ******
  • Posts: 14782
Re: Tariffs when shipping north?
« Reply #5 on: March 13, 2025, 09:44:14 AM »
unbelievable!

If you show your Platinum Card, you're ok!

 ngc3
Imma just show them my Gold Trump Shoes.  tmbz1

Grandstand Handicapper

  • Elite
  • ******
  • Posts: 2021
  • Which wolf wins? The one you feed.
Re: Tariffs when shipping north?
« Reply #6 on: March 13, 2025, 09:55:06 AM »
SO MUCH WINNING.  TARIFFS ARE SO EASY. 

Paulick lays out what a disaster this may be for racing.

https://paulickreport.com/news/bloodstock/how-could-u-s-canadian-tariffs-affect-the-thoroughbred-bloodstock-industry

Well, there's the accurate snapshot of where this is and what the impact could be, for now at least. Thanks for posting this. I never knew if public comments and the like ever made a difference, but at least we don't have to go with innuendo and rumor. Good to get accurate info at least for now.

helpplease

  • Open / FFA
  • ****
  • Posts: 301
Re: Tariffs when shipping north?
« Reply #7 on: March 13, 2025, 10:05:29 AM »
From what I just read on a Canadian web site, any USA born horse when crossing into Canada will have to pay a 25% tariff on the value of the horse. (Not sure who or how value is determined). If horse is not sold while in Canada & returns to the USA within 30 days the owner/s can apply to get their tariff refunded. This tariff would apply each time a horse crosses the boarder. So in the scenario where a USA born colt races in both the Metro & then returns for the Breeders Crown there would be a total of 50% of the value of the horse being held by the government until the paperwork for returning the tariff is completed & then how long would one have to wait to get the refund back? What a nightmare!! If this is all correct why would you bother with heading north to race?   

Grandstand Handicapper

  • Elite
  • ******
  • Posts: 2021
  • Which wolf wins? The one you feed.
Re: Tariffs when shipping north?
« Reply #8 on: March 13, 2025, 11:08:43 AM »
In the end, I don't think it will go down that way. If it does, it will be an administrative nightmare and a massive negative impact to many. I think the path of least resistance, easiest, etc., way is going to be something more like the way auctions handle the sales tax issue (at least with the respective state where the auction is being held).

There is no way to avoid controversy as to "value" and the process, and I am sure more. I think the tariff simply cast it's net and this is just one thing that got captured. I don't think this is what the tariff was intended for.

Bitter Truth

  • Stakes Horse
  • *****
  • Posts: 1768
Re: Tariffs when shipping north?
« Reply #9 on: March 13, 2025, 11:25:48 AM »
Calhoun: If you are going with the shoe strategy, might want to take along one of his Bibles as a back-up. tmbz1
I don't see this affecting AMac and his operation. Just as simple as tacking it onto the shareholder's bill. 73cv.2

The Unstable

  • Stakes Horse
  • *****
  • Posts: 590
Re: Tariffs when shipping north?
« Reply #10 on: March 13, 2025, 03:48:49 PM »
In the end, I don't think it will go down that way. If it does, it will be an administrative nightmare and a massive negative impact to many. I think the path of least resistance, easiest, etc., way is going to be something more like the way auctions handle the sales tax issue (at least with the respective state where the auction is being held).

There is no way to avoid controversy as to "value" and the process, and I am sure more. I think the tariff simply cast it's net and this is just one thing that got captured. I don't think this is what the tariff was intended for.

You don’t know if the tariff was intended for this and neither does Trump. They just throw shit on the wall with no real thought process.

Foalin at 4

  • Stakes Horse
  • *****
  • Posts: 561
Re: Tariffs when shipping north?
« Reply #11 on: March 13, 2025, 04:10:11 PM »
From what I just read on a Canadian web site, any USA born horse when crossing into Canada will have to pay a 25% tariff on the value of the horse. (Not sure who or how value is determined). If horse is not sold while in Canada & returns to the USA within 30 days the owner/s can apply to get their tariff refunded. This tariff would apply each time a horse crosses the boarder. So in the scenario where a USA born colt races in both the Metro & then returns for the Breeders Crown there would be a total of 50% of the value of the horse being held by the government until the paperwork for returning the tariff is completed & then how long would one have to wait to get the refund back? What a nightmare!! If this is all correct why would you bother with heading north to race?

   Man are you gullible, what a clown

helpplease

  • Open / FFA
  • ****
  • Posts: 301
Re: Tariffs when shipping north?
« Reply #12 on: March 13, 2025, 04:36:01 PM »
   Man are you gullible, what a clown

WOW I wasn't expecting that comment. Can you give a reason for calling me gullible?

Calhoun

  • Elite
  • ******
  • Posts: 14782
Re: Tariffs when shipping north?
« Reply #13 on: March 13, 2025, 04:47:49 PM »
   Man are you gullible, what a clown
In all fairness, not all of us have your esteemed background and superior knowledge gleaned from a career of storied county fair racing.

Please GFY.

And, as always, thanks a lot.

Stan durbread

  • Elite
  • ******
  • Posts: 2050
Re: Tariffs when shipping north?
« Reply #14 on: March 13, 2025, 05:48:53 PM »
So are the Canadian border guards going to have microchip readers?  I’ll take my chances every horse I ship up will be by a Canadian sire. If that doesn’t work then all my horses are worth 2k and I’ll pay the $500 to race for the stake money up there. Y’all stay home

 

shout out

Refresh History
  • Sound off !
  • Calhoun: Thx I'm leaning to the 5 there.  Those CD/GP full field races look the best on the page. 1/2 length from being a G3 winner.
    Today at 03:59:35 PM
  • Trigger: BBB passes.  Giving MAGA everything they want and never what they (and the rest of us) need!   ngc3
    Today at 03:50:34 PM
  • Trigger: Saratoga Race 8 - 7 / 145 and reverse.  Trigger's NOT PRIME, but canned meat slection!  :P
    Today at 03:03:22 PM
  • dougie: Anyone use the Hollywood racing betting site? It;s down again. Geez.....
    Today at 01:59:20 PM
  • Calhoun: Looking for Uncle Jerry's Saratoga Prime Plays
    Today at 11:42:30 AM
  • Trigger: In fairness, tonight stakes races at Vagina Downs, gl!
    Today at 10:43:43 AM
  • Trigger: Dear Sec Hegseth's penis, how is the New Evangelical Church working out?  Are you reformed or do the MPs have to now guard you too? - Your friend, Rod  16za.ck
    July 02, 2025, 09:02:37 PM
  • Trigger: Spa starts 7/3, Hambo 8/2, Spa Ends 9/1 - A nice summer hoagie!  Enjoy!   86z.st
    July 01, 2025, 02:13:39 PM
SimplePortal 2.3.7 © 2008-2025, SimplePortal