Analysis

4 Takeaways From Tax Court Nix Of Easement Perpetuity Rule

By Kat Lucero · April 12, 2024, 6:15 PM EDT

The U.S. Tax Court's scrapping of an IRS rule on the perpetuity requirements for conservation easements could draw yet more judicial scrutiny to the agency's rulemaking and shift the focus of...

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Case Information

Case Title

Oakbrook Land Holdings, LLC, et al., Petitioners v. Commissioner of Internal Revenue

Case Number

22-323

Court

Supreme Court

Nature of Suit

Date Filed

October 06, 2022