In Morley v Tattersall (1938), the English Court of Appeal held that such sums were not to be treated as profits for the purposes of income tax.
In Ireland, a yearling Sadler's Wells filly, later named Liffey Dancer, set a new world record price[when?]
In 2014 Tattersalls Ltd announced that it had acquired a majority stake in Osarus, a bloodstock-sales company based in the South West region of France which has been rapidly establishing itself within the French market since its founding in 2007.
The purchase was a reflection of the French racing and breeding industry at the time, which, according to Tattersalls chairman, is respected and admired throughout the world.
[3] Continuing in this trend, Tattersalls Ltd announced the completion of its purchase of the bloodstock auctioneering business of Brightwells Ltd in October 2015.