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Horseracing Windfall as Tax Gets Scratched

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Byline: Andrew White Nov 14, 2012 (The Australian - ABIX via COMTEX) -- Victorian Treasurer Kim Wells has dismissed state Treasury advice that recommended nearly doubling the tax rate on wagering from 7.6% to 13.8%. The horse racing industry will retain $A49m more in 2012 than it would have if the ... (Publication: Australasian Business Intelligence)

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