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client .. horse trainer.. owns a number of racehorses (a) . in his own name .. and (b) in p;ship with other individuals.. also his wife has a racehorse in her own name.. as has his father. To claim the income tax exemption . Can my client train.. any/all of the above racehorses, or must they be trained by an ” outside ” trainer to be exempt from taxes..

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Asked on 6 September 2018 12:50 pm