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
Florida-Bred Incentives
Florida Breeder Awards
FTBOA pays Breeder Awards to the listed breeder of Florida-breds appropriately registered with the FTBOA that finish first, second or third in a race at a Florida track as follows:
Win – Ten percent (10%) of purse, up to $10,500 per race
Place – Three percent (3%) of purse, up to $3,000 per race
Show – Two percent (2%) of purse, up to $1,500 per race

Florida
Stallion
Awards
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.
Stallion Awards are paid at a uniform rate of fifteen percent (15%) of the purse, up to $15,000 per race.
Florida-Bred Incentives Fund (FBIF) & Florida Owner Awards (FOA)
Gulfstream Park 2023:
• $10,000 per 2yo open MSW winner
• Up to $5,000 per 2yo maiden-claiming win
• $5,000 per 2yo Florida-sired MSW win
Tampa Bay Downs 2023-2024:
• $18,000 FBIF-FTBOA in all MSW and Allowance
• $600,000 total bonuses for selected stakes wins, includes $200,000 FSS juvenile incentives
• $660,000 Florida Cup stakes-card, March 24