Pollard v. Commissioner

US Tax Court, T.C. Memo. 2013-38, February 6, 2013: Conservation easement granted to get subdivision permit is quid pro quo, not deductible.

The reader is referred to the excellent summary of this decision at the Nonprofit Law Prof Blog, February 7, 2013, contributed by Prof. Nancy A. McLaughlin. “The Tax Court sustained the IRS’s disallowance of a [...]