Oakbrook Land Holdings, LLC, et al., Petitioners v. Commissioner of Internal Revenue
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December 08, 2022
Justices Should Skip Challenge To Easement Regs, US Says
The U.S. Supreme Court should decline to review a Sixth Circuit ruling that Treasury tax regulations on conservation easements complied with administrative law, the government argued, saying the Internal Revenue Service was right to reject a partnership's $9.5 million deduction for conservation land.
November 07, 2022
Tax Group Asks Justices To Vacate Easement Regulations
The U.S. Supreme Court should overturn a Sixth Circuit decision finding Treasury complied with public notice rules when issuing conservation deduction regulations, a taxpayers group said Monday, arguing that the government is punishing taxpayers who donate land with shifting standards and stiff penalties.