Welcome to the Tax Office!
Below is the tax form and tax form guide. The money collected from taxes goes
into the S&D prize pot and also helps to pay for the Morning Line Series every year which
has a collective purse value of over $12 million (w/o bonuses!).
DUE DATE: TAXES NOT DUE IN 2010 (for 2009 winnings. etc)!!
TAX FORM
Name:
Stable Name:
Forum Name:
Stable Location:
TOTAL RACE WINNINGS from Jan 1-Dec 31 of current year: _______
1. Total Race Winnings ______X .05 = _____
2. # of Barns (non specialty): X 2500 = ___________
3. # of Specialty Barns: X 5000 = ___________
4. # Acres: ____Acres X 100 = _______________
5. # Training Tracks: _ Tracks X 5000 = ___________
6. # of Horses: __ Horses X 500 = _________________
# Foals Expected (tax exempt): ___ Foals X 0 = $0.00
# Horses Retiring to Brood, Stud or Pasture:
(Please NOTE: You MUST include Name, #, Age, Status to be retired to)
Total From Lines 1, 2, 3, 4, 5 & 6: $_________________________
Example:
Name: Jane Doe
Stable Name: Me Tarzan, You Jane Racers
Forum Name: Jane
Stable Location: Sydney, Australia
TOTAL RACE WINNINGS from Jan 1-Dec 31 of current year: $235,621
1. Total Race Winnings $235,621 X .05 = $11,781.05
2. # of Barns (non specialty): 2 X 2500 = $5,000
3. # of Specialty Barns: 1 X 5000 = $5,000
4. # Acres: 200 Acres X 100 = $20,000
5. # Training Tracks: 3 Tracks X 5000 = $15,000
6. # of Horses: 40 Horses X 500 = $20,000
# Foals Expected (tax exempt) 10 foals X 0 = $0000.00
# Horses Retiring to Brood, Stud or Pasture: (Please NOTE: You MUST include Name, #, Age, Status to be retired to)
123456789; Jo Blow; 6 years; Stallion
Total From Lines 1, 2, 3, 4, 5 & 6: $76,781.05
EXPLANATIONS
-5% of Total Race Earnings:
These
are the RACE WINNINGS brought into your farm by your horses.
The
winnings must be brought in form January 1-December 31 of the current
tax year.
-$100/Acre:
This pays for general maintenance of your property.
-$500/Horse:
The
horse tax pays for the horse’s card in the registry, etc
(it basically
gives the horse the right to exist in ML i.e. Race, breed, etc.).
-$5,000/Track & Indoor Gallops:
This pays for upkeep of your personal tracks and indoor gallops.
Includes Hydro Treadmills, Therapy Pools & Equinecisers.
-$5,000/Specialty Barn:
This includes Broodmare, Stallion and Quarantine barns.
The bills are much higher in these barns b/c of the special amenities.
-$2,500/Barn (NON-Specialty):
This pays for general repairs and utilities, etc and upkeep of your facility.
©
2008 Jodi Kunigal/ML Admin Team | Disclaimer
This is a SIM game and is in no means real. Some real bloodlines have
been reproduced, but the horses in this game do not exist in living
flesh.
AND we do indeed play with Monopoly® money.