Be Careful What You Ask For: Charitable Deductions and Donor Benefits.


This post involves a recent case on the propriety of a charitable deduction for a conservation easement. The key issue in the case is a fundamental one: was there a gift? That issue arose because of surrounding transactions that were related to the grant of the easement. The government argued that the totality of the circumstances suggested a bargained for exchange of value and not a gift.

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Published In: Tax Updates

DISCLAIMER: Because of the generality of this update, the information provided herein may not be applicable in all situations and should not be acted upon without specific legal advice based on particular situations.

© James R. Malone, Jr., MALONE LLC | Attorney Advertising

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