Analysis

Syndicated Conservation Deals Appear Marked For Extinction

Law360 (April 1, 2019, 6:50 PM EDT) -- The increase in government actions to limit the use of partnerships to claim outsized tax deductions meant for donating and conserving land indicates the likely end of a lucrative tax shelter that costs taxpayers billions of dollars annually.

Senate Finance Chairman Chuck Grassley, R-Iowa, right, and ranking member Ron Wyden, D-Ore., recently announced an investigation into 14 individuals believed to have been involved in operations that may have inflated the value of donated easements to avoid taxes. (AP) The Internal Revenue Service has been viewing syndicated partnership deals — in which property owned by a partnership is donated to a land trust...

Stay ahead of the curve

In the legal profession, information is the key to success. You have to know what’s happening with clients, competitors, practice areas, and industries. Law360 provides the intelligence you need to remain an expert and beat the competition.


  • Access to case data within articles (numbers, filings, courts, nature of suit, and more.)
  • Access to attached documents such as briefs, petitions, complaints, decisions, motions, etc.
  • Create custom alerts for specific article and case topics and so much more!

TRY LAW360 FREE FOR SEVEN DAYS

Hello! I'm Law360's automated support bot.

How can I help you today?

For example, you can type:
  • I forgot my password
  • I took a free trial but didn't get a verification email
  • How do I sign up for a newsletter?
Beta
Ask a question!