Belk v. Comm'r
United States Tax Court
In 2004 Ps contributed a conservation easement on 184.627 acres of a golf course to a qualified organization. The conservation easement agreement permitted the parties, by agreement and subject to certain restrictions, to change what real property was subject to the conservation easement. Ps claimed a charitable contribution deduction on their 2004 Federal income tax return.
Read the full summary
In 2004 Ps contributed a conservation easement on 184.627 acres of a golf course to a qualified organization. The conservation easement agreement permitted the parties, by agreement and subject to certain restrictions, to change what real property was subject to the conservation easement. Ps claimed a charitable contribution deduction on their 2004 Federal income tax return. I.R.C. sec. 170 allows a deduction for a "qualified conservation contribution". A qualified conservation contribution requires a contribution of a qualified real property interest. I.R.C. sec. 170(h)(1)(A). A qualified…
1Opinion of the Court
B. V. BELK, JR., AND HARRIET C. BELK, Petitioners v. COMMISSIONER OF INTERNAL REVENUE, Respondent
Belk v. Comm'r
Docket No. 5437-10
United States Tax Court
140 T.C. 1; 2013 U.S. Tax Ct. LEXIS 1; 140 T.C. No. 1;
January 28, 2013, Filed
Decision will be entered under Rule 155.
In 2004 Ps contributed a conservation easement on 184.627 acres of a golf course to a qualified organization. The conservation easement agreement permitted the parties, by agreement and subject to certain restrictions, to change what real property was subject to the conservation easement. Ps claimed a charitable contribution…
2Cases cited19 opinions
- Welch v. HelveringSupreme Court of the United States · 1933
- United States v. Ron Pair Enterprises, Inc.Supreme Court of the United States · 1989
- New Colonial Ice Co. v. HelveringSupreme Court of the United States · 1934
- United States v. American Trucking AssociationsSupreme Court of the United States · 1940
- Indopco, Inc. v. CommissionerSupreme Court of the United States · 1992
14 more not listed; retrieve them via the Exa API.