IRS Chief Counsel’s Advice on Valuing Conservation Easements
Date of Publication:
8/23/2013
Author:
Susan J. Kassell, Senior Counsel, IRS
Article Summary:
Response regarding the valuation of perpetual conservation restrictions, or conservation easements. Specifically focuses on the application of the “Contiguous Parcel Rule” and the “Enhancement Rule” found in § 1.170A-14(h)(3)(i) of the Income Tax Regulations.