Racehorse Breeding Tax Shelter Operators Plead Guilty
Federal authorities say three men have pleaded guilty to conspiracy charges in a scheme that allowed wealthy people to get tax benefits from investments in Thoroughbred horse breeding.
The U.S. attorney’s office for Oregon said Monday the scheme cost the federal government $200 million in tax revenue.
Acting U.S. Attorney Kent Robinson says the scheme was nationwide.
The governmen
Read More