Home      Login


Preserving the Conservation Contribution Deduction  


Author:  Bradley T.  Borden.; Andrew M.  Wayment .


Source: Volume 30, Number 02, Winter 2013 , pp.23-45(23)




Journal of Taxation of Investments

< previous article |next article > |return to table of contents

Abstract: 

The IRS is increasingly scrutinizing conservation contribution deductions. Although a contribution of a conservation easement provides an excellent public benefit, and the bonus of a tax break for the contributor, the contributor will lose that tax benefit if the contribution does not satisfy the technical requirements in the Code and regulations. This article reviews those requirements and discusses recent case law that considers the IRS’s application of the rules to various types of contributors.

Keywords: conservation easements, conservation contribution deduction, IRC Sec. 170, exclusive-use requirement; conservation purposes

Affiliations:  1: Brooklyn Law School; 2: Wright & Wayment, PLLC.

Subscribers click here to open full text in PDF.
Non-subscribers click here to purchase this article. $20

< previous article |next article > |return to table of contents