The U.S. Tax Court erred in drastically reducing a partnership’s claimed $23 million deduction for donating a conservation easement in Georgia, the partnership told the Eleventh Circuit, saying the court improperly relied on a real estate expert’s opinion to establish whether the land had mining value.
Tax Court Wrongly Cut Easement Deduction, 11th Circ. Told
by usoftax_admin | Dec 16, 2024 | Tax News