MARK CHURCH
EF-571-J-R06-0806-41000774-1
BOE-571-J (S1) REV. 6 (8-06)                                                                                                                                                   Assessor - County Clerk - Recorder
                                                                                               ANNUAL RACEHORSE TAX RETURN                                                     555 County Center, 3rd Floor
Read the instructions before completing this form                                                                                                                              Redwood City, CA 94063
                                                                                                                                                                               P 650.363.4501    F 650.599.7456
To The Tax Collector of                                                                   County                                                                               email ppdutyauditor@smcacre.org
Type of Ownership:           Proprietorship              Partnership     Syndicate             Corporation                                                                     web www.smcacre.org
  Other
Person or Corporation Name 
DBA (Ranch or Stable Name)                                                                                                         Name, address, and phone number (including area code) of authorized person to contact for an audit:
Mailing Address 
City and State                                                                  Zip Code                                        Zip Code                           Phone No.   (   )                                                                                                                                                   Street address, city, state,   and 
Make necessary corrections to the printed name and mailing address.                                                             zip code where the books and records are located: 
Local Phone Number   (       )
                                                                       LIST ALL RACEHORSES OWNED AS OF 12:01 a.m. JANUARY 1, 20______ , AND DOMICILED IN THIS COUNTY
                 A                              B                  C   D        E              F                                                  G                                                     H                                                                                                                               I 
     NAME OF RACEHORSE                REGISTRATION                 AGE CLASSI-  BREED          DATE                                          DOMICILE                                  EARNINGS DURING PREVIOUS                                                                                                                         ANNUAL   FOR
        (Include Stallions,                     NO.                    FICATION          ACQUIRED                                                                       SCHOOL                     CALENDAR YEAR                                                                                                                        TAX DUE  COUNTY
     Broodmares, Yearlings,                                                                                                          ADDRESS                            DISTRICT OR                                                                                                                                                     (see     USE
     and Horses in Training)                                                                                                                                            TAX RATE       AMOUNT             SOURCE                                                                                                                        Schedule ONLY
                                                                                                                                                                        AREA NO.                                                                                                                                                        A)
                                                                                                                                                                                                                                                                                                                                       $

                                      DECLARATION BY ASSESSEE                                                    Are you filing an Annual Racehorse Tax Return for this period in any other California county?
  Note: The following declaration must be completed and signed. If you do not do so, it may result in penalties.        Yes       No    If yes, what counties?  
I declare under penalty of perjury under the laws of the State of California that I have examined this return,   If more lines are needed, attach a separate schedule. If you do not owe racehorse tax in
including accompanying schedules, statements or other attachments, and to the best of my knowledge and           this county, so indicate on the form, sign it, and return it to the tax collector.
belief it is true, correct and complete and includes all racehorses and racehorse data required to be reported 
which is owned, claimed, possessed, controlled, or managed by the person named as the assessee in this return    Taxes Due      (1)  Note:  RACEHORSE TAXES ARE DUE AND PAYABLE
at 12:01 a.m. on January 1, 20 .                                                                                                     AT 12:01 a.m. JANUARY 1  ................................................................................................................                                                         $
SIGNATURE OF ASSESSEE OR AUTHORIZED AGENT*                             DATE                                                     (2)  If the tax is paid after 5 p.m. on February 15, add 6 percent of
                                                                                                                                    the taxes due, as shown on line (1) ..............................................................................................                                                                $
NAME OF ASSESSEE OR AUTHORIZED AGENT* (typed or printed)               TITLE                                      Penalties     (3)  An additional 1 percent per month penalty accrues on any 
                                                                                                                 Added               unpaid tax shown on line (1) on March 1 and the first day of 
NAME OF LEGAL ENTITY (other than DBA) (typed or printed)               FEDERAL EMPLOYER ID NO.                                       each month thereafter  .....................................................................................................................                                                      $
                                                                                                                                (4)  If the return is filed after 5 p.m. on February 15, add 10 percent 
PREPARER’S NAME AND ADDRESS (typed or printed)           TELEPHONE NO. TITLE                                                         of the taxes due shown on line (1) ...............................................................................................                                                                $
                                                         (       )                                                                    ...................................................................................................................................................................TOTAL TAXES AND PENALTIES DUE $
                                                                                         *Agent: see page S2B for Declaration by Assessor instructions.
                                                                                                                 THIS STATEMENT SUBJECT TO AUDIT  

EF-571-J-R06-0806-41000774-2
BOE-571-J (S2F) REV. 6 (8-06)       INSTRUCTIONS FOR COMPLETING THE ANNUAL RACEHORSE TAX RETURN
This return pertains only to racehorses which come within the following definition:
Racehorse means each live horse, including a stallion, mare, gelding, ridgeling, colt, filly, or foal, that is or will be eligible to participate in or produce foals which will be eligible to 
participate in a horseracing contest in California wherein parimutuel racing is permitted under rules and regulations prescribed by the California Horse Racing Board. The term 
does not include any horse over three years old, or over four years old in the case of an Arabian horse, which, during the 24 months preceding the current calendar year, has not 
participated in a horserace contest on which parimutuel wagering is permitted or has not been used for breeding purposes in order to provide racehorses. (See the section on 
Exemptions and Exclusions at the end of these instructions.)
The following instructions are to be observed in completing the return. They are lettered to correspond with the letters on the face of the form.
NAME AND MAILING ADDRESS
      NAME (PERSON OR CORPORATION)
      If the name is preprinted, check the spelling and correct any error. In the case of a proprietorship, enter that last name first, then the first name and initial. 
      Partnerships, joint owners, and syndicates must list the names and mailing addresses of all partners, joint owners, or syndicate members and attach the list to this 
      form. Corporation names should be complete so they will not be confused with fictitious or DBA (Doing Business As) names.
      DBA OR FICTITIOUS NAME 
      Enter the DBA name under which you are operating in this county below the name of the proprietor, partnership, joint ownership, syndicate, or corporation. This 
      may be a ranch or stable name.
      MAILING ADDRESS
      Enter the mailing address of the legal entity shown above. This may be either a street address or a post office box number. It may differ from the location of the 
      horses. Include the city, state, and zip code.
LOCAL PHONE NUMBER
Enter the local phone number in this county where we may contact you or your authorized representative for information regarding the horses. If there is no local phone number, 
enter the area code and number and name of the city where you may be called.
TYPE OF OWNERSHIP
Check the appropriate box. Each different syndicate is a separate legal business entity and must file a separate Annual Racehorse Tax Return for a racehorse or racehorses that 
it owns as of 12:01 a.m. on January 1. The names of all syndicate members must be included with the return.
NAME, ADDRESS, AND PHONE NUMBER (INCLUDING AREA CODE) OF AUTHORIZED PERSON TO CONTACT FOR AN AUDIT
This may be the owner of the business, his or her accountant, or his or her tax representative. Also, enter the street address, city, state, and zip code where the books and records 
are located; normally this will be the main office located in California, but in some instances it could be a location in another state.
Column A.    List by name all racehorses (if a horse is unnamed, so state) which are “domiciled” within this county and owned by you as of 12:01 a.m. on January 1. If you own 
             racehorses, which are domiciled in other California counties, file a separate return with the tax collector of each of those counties (see S2B, instructions for Column 
             G). File BOE-571-J1, Annual Report of Boarded Racehorses, if you boarded racehorses for others at 12:01 a.m. on January 1; a copy of this form will be supplied 
             on request. The domicile of a racehorse is the home ranch or other customary location to which a horse is taken when not breeding or being bred, racing or in 
             training to race. If you do not return racehorses to any such location, their domicile is your own residence whether or not you have facilities for keeping horses 
             at this location.
Column B.    Show each horse’s registration number. If a horse is not registered, so state.
Column C.    State the age of the horse as of January 1 of the current calendar year.
Column D.    Show each horse’s classification by entering the abbreviation for the category to which it belongs according to the following definitions:
             Current calendar year means the calendar year in which this return is required to be filed.
             Previous calendar year means the calendar year immediately preceding the one in which this return is required to be filed. 
             Stakes race means a race with a purse to which owners of participating horses have contributed nomination, entry, or starting fees or a recognized stakes race 
             in which all entrants raced by invitation.
             Yearling means a racehorse born during the previous calendar year.
             Foal means a racehorse born during the current calendar year (i.e., at or after 12:01 a.m. on January 1 of the year in which this return is required to be filed).
ABBREVIATION                  NAME AND DEFINITION OF CATEGORY
  S          Stallion means a racehorse which, during the 24 months preceding the current calendar year, serviced three or more different broodmares for the purpose of 
             producing racehorses.
  SWPB       Stakes-winning producing broodmare is a racehorse mare which both (1) won a stakes race at any time prior to January 1 of the current calendar year and (2) 
             during the previous calendar year produced a foal that lived 3 days or more.
  SPB        Stakes-producing broodmare is a racehorse mare which, at any time prior to January 1 of the current calendar year, produced a racehorse that won a stakes race 
             at any time prior to January 1 of the current calendar year.
  OPB        Other producing broodmare is a racehorse mare which (1) during the previous calendar year produced a foal that lived 3 days or more but (2) is not a stakes-
             winning producing broodmare or a stakes-producing broodmare.
  SWNB       Stakes-winning nonproducing broodmare means a racehorse mare which (1) won a stakes race at any time prior to January 1 of the current calendar year and 
             (2) during the preceding calendar year did not produce a foal that lived 3 days or more.
  ONB        Other nonproducing broodmare means a racehorse mare which (1) has never won a stakes race prior to January 1 of the current calendar year and (2) during 
             the preceding calendar year did not produce a foal that lived 3 days or more.
  SY         Stakes yearling, stakes two-year old, or stakes three-year-old means a racehorse which, as of January 1 of the current calendar year (1) is of the designated age, 
             (2) is unraced, and (3) is a foal of a broodmare that, at any time prior to January 1 of the current calendar year either (a) won a stakes race OR (b) produced a 
             racehorse which, at any time prior to January 1 of the current calendar year, won a stakes race.
OY           Other yearling, two-year-old, or three-year-old means a racehorse which as of January 1 of the current calendar year (1) is of the designated age, (2) is unraced, 
             and (3) is not a stakes yearling, stakes two-year-old, or stakes three-year-old.
  AR         Active racehorse means any racehorse that participated during the previous calendar year in a horseracing contest on which parimutuel wagering was permitted.
  NAR        Nonactive racehorse means a racehorse that (1) is four years of age or older and (2) has not participated during the previous calendar year in a horseracing contest 
             on which parimutuel wagering was permitted.

EF-571-J-R06-0806-41000774-3
BOE-571-J (S2B) REV. 6 (8-06)
Column E.  Show the breed by abbreviations as follows:  Thoroughbreds (T.B.), Quarter (Q.H.), Standardbred (Std.B.), Appaloosa (App.), or Arabian (Ar.).
Column F.  Show the date you acquired the horse by transfer of legal or equitable title, or its birth date if acquired at birth.
Column G.  Show the domicile of the horse as of 12:01 a.m. on January 1. Include the ranch or stable name and address. The domicile of a racehorse is the home ranch or 
           other customary location to which a horse is taken when not breeding or being bred, racing or in training to race. If you do not return the horse to any such 
           location, the domicile is your own residence whether or not you have facilities for keeping horses at this location.
           If known, enter the elementary or unified school district name or tax-rate area code number or parcel number as of 12:01 a.m. on January 1 where the racehorse 
           is domiciled.
Column H.  Enter the gross amount of money earned by each racehorse during the previous calendar year.
           Show the source (such as racing or breeding) of the income earned during the previous calendar year. If the income is from breeding fees, show the highest stud 
           fee charged during the previous calendar year (e.g., “$5,000   stud fee”).
Column I.  Enter the applicable annual tax for each racehorse from the following schedule.
                                                                  DECLARATION BY ASSESSEE
The law requires that this return, regardless of where it is executed, shall be declared to be true under penalty of perjury under the laws of the State of California. The declara-
tion must be signed by the assessee, a duly appointed fiduciary, or a person authorized to sign on behalf of the assessee. In the case of a corporation, the declaration must 
be signed by an officer or by an employee or agent who has been designated in writing by the board of directors, by name or by title, to sign the declaration on behalf of the 
corporation. In the case of a partnership, the declaration must be signed by a partner or an authorized employee or agent. In the case of a Limited Liability Company (LLC) the 
declaration must be signed by an LLC manager, or by a member where there is no manager, or by an employee or agent designated by the LLC manager or by the members 
to sign on behalf of the LLC.
When signed by an employee or agent, other than a member of the bar, a certified public accountant, a public accountant, an enrolled agent or a duly appointed fiduciary, the 
assessee’s written authorization of the employee or agent to sign the declaration on behalf of the assessee must be filed with the Assessor. The County may at any time require 
a person who signs a production report and who is required to have written authorization to provide proof of authorization.
A return that is not signed and executed in accordance with the foregoing instructions is not validly filed.
                                                                           SCHEDULE A

                                                                 12 YEARS                                                                       AGE 13 
                                                                 OF AGE AND                                                                     AND 
                                                                 YOUNGER                                                                        OLDER
Stallions                                                                                                                                              Active Racehorses which in the previous calendar year 
                                                                                                                                                       earned:
Stud fee classification (determined by the highest
stud fee charged during the previous calendar year)                                                                                                    $100,000 or more ...................................................................$150 
                                                                                                                                                       Between $50,000 and $99,999 ............................................ 100
           $10,000 and up ................................................................................................$1,000                $650   Between $25,000 and $49,999 ...............................................60
           7,500—9,999 ......................................................................................................750                500    Less than $25,000 ........................................................................40
           5,000—7,499 ......................................................................................................500                330
           3,000—4,999 ......................................................................................................300                200    Other Racehorses
           1,500—2,999 ......................................................................................................150                100    Stakes yearlings, stakes 
           1,000—1,499 ......................................................................................................100                65      two-year-olds, stakes 
           Less than $1,000 .........................................................................................................75         50      three-year-olds ................................................................... 35
Broodmares                                                                                                                                             Other yearlings, two-year-olds,
                                                                                                                                                       three-year-olds, and nonactive
Stakes-winning producing ..................................................................................................$    75              $  50  racehorses ..............................................................................20
Stakes-producing ...........................................................................................................................75  50
Other producing .............................................................................................................................40 28
Stakes-winning non producing .................................................................................................35                25 
Other nonproducing .....................................................................................................................20      12
If two of the above annual amounts are applicable to the same horse, list only the higher one on the front of this return.
Total Column I and file this return with the appropriate remittance to the                                                                                     County Tax Collector before 5 p.m. on 
February 15 of the current calendar year. If the form is filed late or if the tax becomes delinquent (subject to penalties), you should compute the penalties and pay the total tax 
and penalties due.
This return and all your records pertaining thereto are subject to audit within 5 years of the date the tax was due. They may be compared with federal and state income tax 
returns. Retain your records until the 5-year period has expired.
                                                                 EXEMPTIONS AND EXCLUSIONS
EXEMPTIONS
Racehorse foals, as defined above, and pets, defined in the Revenue and Taxation Code as animals held for noncommercial purposes and not as an investment, are exempt from 
the annual racehorse tax and the general property tax.
EXCLUSIONS
Horses which are four years of age or older on January 1 of the current calendar year and which, during the 24 months preceding the current calendar year, did not participate 
in a race where parimutuel wagering was permitted, or were not used for breeding purposes in order to produce racehorses, are not subject to the annual racehorse tax but are 
subject to the general property tax unless they are exempt because they come within the above definition of pets.
A female horse was used for breeding purposes only if it was bred to a registered male to produce a racehorse, and a male horse was used for this purpose only if it serviced at 
least three different registered females to produce racehorses.