Florida: tax friendly, pro-business


No tax on
stallion seasons

Horses purchased from original breeder are sales tax exempt

No personal state income or individual capital gains tax

Feed/animal health items are tax exempt

FTBOA registered Florida-breds by Registered Florida Stallions are eligible for substantial purse and race incentives plus the $1.2 million 2-year-old stakes series at Gulfstream Park.

Florida-Bred Incentives

Florida Breeder Awards

2024: Breeder Awards increase to 20% of gross purse (less FOA’s), paid to the breeders of win, place and show earners in Florida races:
Win – 12.5% of gross purse, up to $12,500 per race
Place – 5% of gross purse, up to $5,000 per race
Show – 2.5% of gross purse, up to $2,500 per race
Florida-bred Dean Delivers (black blinkers) – Nikki Bernstein Photo

Florida Racing

$7 million of Owner incentives for Florida-bred and Florida-sired runners in Florida races, funded by FTBOA and the Florida-Bred Incentive Fund.


FTBOA pays Stallion Awards to the owner of Thoroughbred stallions appropriately registered with the FTBOA and siring FTBOA-registered Florida-breds that finish first in a listed black-type stakes race at a Florida track.

Year 2024 Stallion Awards increase to 20% of gross purse, up to $20,000 per race.

FTBOA Florida-Bred Search Registry

Important Deadlines

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