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Common in auto racing, contingency sponsorship is a form of sponsorship whereby race teams place company decals on their vehicles in exchange for awards for winning or meeting certain performance goals. [1] These awards can be monetary, or can include credits for free or discounted equipment. [2] Contingency decals on a NASCAR car
In 1967, Pennsylvania enacted a law allowing thoroughbred horse racing with parimutuel wagering. [2] Two companies that later formed part of Penn National Gaming were founded in 1968 by groups seeking one of the four available racing licenses: Pitt Park Raceway, Inc., formed by several Erie area businessmen, [3] [4] and the Pennsylvania National Turf Club, established by a group of Central ...
This tax may be imposed on real estate or personal property. The tax is nearly always computed as the fair market value of the property, multiplied by an assessment ratio, multiplied by a tax rate, and is generally an obligation of the owner of the property. Values are determined by local officials, and may be disputed by property owners.
Property owners in all 50 states pay real estate tax, according to the Tax Policy Center. Some pay it directly to their local tax assessor. Others have it included with their mortgage payments, in ...
It applies only to very wealthiest estates—currently, only those valued at least $13.6 million need to worry about it, and they pay tax on the portion of the estate’s value over that exemption ...
In 1961, the Pennsylvania harness racing commission voted 2-1 to grant Liberty Bell Racing Association, led by Philadelphia Democratic Party and Philadelphia Eagles owner James P. Clark, the state's first parimutuel track license, with both Democratic members of the committee voting in favor of Clark and the Republican member voting against. [1]
Truist Financial Corp. is taking over as title sponsor for the PGA Tour’s signature event at Quail Hollow Club with a seven-year commitment, which includes a one-year detour in 2025 to ...
Iron Stone Real Estate Partners, sometimes referred to simply as Iron Stone, is a real estate private equity firm located in Philadelphia, Pennsylvania that has a niche focus on value added real estate assets, the acquisition of real estate related operating companies, and the assumption of mortgage notes. Iron Stone has developed and currently ...