Carrazzo Melbourne Sport of Kings Tax Talk

Media Release - Wednesday July 9

It gives Baumgartners great pleasure to announce that Paul Carrazzo’s “Sport of Kings” horse tax talk returns to Inglis Melbourne on Wednesday 13 August.

The bonus for this talk is that delegates can attend “in person” or “online”, a format Paul has recently adopted for NSW, QLD and WA talks.

Paul’s last Melbourne talk was in 2017 and the Covid intrusion has made it difficult to schedule another Melbourne talk since then, especially with the recent merger of Carrazzo Consulting and Top 100 firm, Baumgartners.

Special focus on the hot topics

The main focus of the talk will be the discussion around the landmark Darley Land Tax Case, which has thrown doubt on the land tax exemption status of many breeders and primary producers. However, as usual, there will be something in this talk for any serious horse investor, including a Q&A forum at the end.

The talk will be presented from the sale ring at The William Inglis Oaklands Junction sales complex on Wednesday 13 August @ 10 am.

Advertisement

The talk will cover off on the current hot topics in horse tax including:

  • Darley Land Tax Case – final outcome
  • Business or Hobby
  • Non-Commercial Loss rules
  • Selling Horses – FAQ’s
  • Farming Properties & Taxation
  • GST and Start-Ups
  • Stock Write-Downs
  • Sales Averages
  • Wagering and Prizemoney
  • Foal crops/stock fertility
  • Importing and Exporting trends

Paul Carrazzo and senior tax manager and fellow equine team member, Grahame Barber, will jointly present this talk.

Baumgartners would like to recognise the generous sponsors and supporters of the talk, including:

  • Inglis
  • Widden Stud
  • TROA
  • Racing.com

For further details go to www.baumgartners.com.au or email seminars@baumgartners.com.au

Advertisment
More Reading...
Private Eye Half-Brother King's Secret Records First Stakes Win
While he may forever race in the shadow of his half-brother and $12.8m earner Private Eye, the Joe Pride trained Shalaa gelding King’s Secret stepped up to black type racing for the first time in his career, winning the Listed Canterbury Sprint (1200m) on New Year’s day.
Australia's Best Maiden Gains $3million Sunlight Slot
Yarraman-bred and -raced filly Sylph will carry the green and white of Yulong in the $3 million Magic Millions Sunlight on Saturday, 10 January.
One To Watch - Mornington
A narrow third in the G3 Quezette Stakes in August, the Mark and Levi Kavanagh-trained Peltzer filly Thanks Gorgeous was a class above her rivals at Mornington on New Year’s Day, pulling clear to break her maiden in impressive fashion.
Sires With Winners - Wednesday December 31
Here is the full list of 62 stallions which had winners throughout Australasia today with winners and result details.
G1 Target for I Am Invincible Stallion
Stephen Marsh can make a strong case for each of his top-flight contenders at Trentham on Saturday.
Ancient Spirit on His Way for White Robe Lodge
Last Friday was a bittersweet day for White Robe Lodge.
New SW for Zoustar to Kick off 2026
The leading sire by worldwide winners in 2025, Widden Stud’s flagship sire Zoustar kicked off on New Year’s Day with a brand new stakes-winner when Queen Zou captured the Group II Rich Hill Mile (1600m) at Ellerslie and her full sister is headed to Inglis Premier.
New Years Sale Mail
Stakes racing aplenty over the next two days as we celebrate the end of 2025 and move forwards into 2026 with Black Type racing at Flemington, Canterbury, Ascot, Ellerslie and Sha Tin over the next two days.
G2 Quinella for Home Affairs
Home Affairs posted his first stakes-winner on New Year's Day and for good measure made it a quinella with his two strapping bay youngsters Kinnaird and Harvey Wallbanger fighting out the finish of the Group II Skycity Eclipse Stakes (1200m) at Ellerslie in New Zealand.
Ange Jones Wins G3 on Santa Catalina
It may not have been on the horse she crossed the Tasman for, but premiership-winning Queensland hoop Angela Jones got her Group victory at Ellerslie on New Year’s Day.