18CBreeds and classes of bloodstock Empowered by ss EC 39C, EZ 6B
| Column 1 | Column 2 |
| Breeds of bloodstock | Classes of bloodstock |
| Standardbred | Yearling fillies |
| Yearling colts | |
| Thoroughbred | Yearling fillies |
| Yearling colts |
Income Tax Act 2007
Schedule 18C: Breeds and classes of bloodstock
"Types of horse breeds and classes for tax purposes"
The law talks about breeds and classes of bloodstock. You can find this information in a special part of the Income Tax Act 2007. This part is called a schedule and it has extra details that are not in the main act.
The schedule has a table that lists breeds and classes of bloodstock. It says that Standardbred and Thoroughbred are breeds of bloodstock. You can find more information about what the law says about bloodstock in sections like ss EC 39C and EZ 6B.
The table also lists classes of bloodstock, such as Yearling fillies and Yearling colts, for each breed. This means that Yearling fillies and Yearling colts are classes of Standardbred and Thoroughbred bloodstock.
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View the original legislation for this page at https://legislation.govt.nz/act/public/1986/0120/latest/link.aspx?id=LMS178899.
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"Big horse sales, like yearling sales, that happen in New Zealand"
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