Storia: In 2016, a partnership claimed a $180.2 million tax deduction after placing an easement on 236 Mississippi acres; the US Tax Court valued the deduction at about $2.2 million — Warptech Lab News
In 2016, a partnership claimed a $180.2 million tax deduction after placing an easement on 236 Mississippi acres; the US Tax Court valued the deduction at about $2.2 million
The US Tax Court dramatically reduced a $180.2 million charitable contribution deduction claimed by a partnership after it placed a conservation easement on 236 acres of land in Mississippi.