Glass v. Comm'r
United States Tax Court
L is a longstanding nonprofit nature conservancy, the tax- exempt purposes of which include the preservation of wildlife, plants, and natural land on or near the shoreline of Lake Michigan. Ps own approximately 10 acres of land (property) that includes a high undeveloped bluff on 460 feet of that shoreline. Bald eagles commonly frequent the bluff. In addition, dense vegetation grows naturally on the bluff.
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L is a longstanding nonprofit nature conservancy, the tax- exempt purposes of which include the preservation of wildlife, plants, and natural land on or near the shoreline of Lake Michigan. Ps own approximately 10 acres of land (property) that includes a high undeveloped bluff on 460 feet of that shoreline. Bald eagles commonly frequent the bluff. In addition, dense vegetation grows naturally on the bluff. That vegetation includes a species of plant, Lake Huron tansy, that is considered to be threatened. The natural values of the bluff also allow it to create or promote a possible habitat for…
1Opinion of the Court
Laro, Judge:
Petitioners petitioned the Court to redetermine deficiencies of $26,539, $40,175, $26,193, and $22,771 in their Federal income taxes for 1992, 1993, 1994, and 1995, respectively. We decide whether petitioners’ respective contributions in 1992 and 1993 of two conservation easements (collectively, conservation easements; separately, conservation easement 1 and conservation easement 2) were qualified conservation contributions under section 170(h)(1).2 We hold they were. Petitioners claimed on their 1992 and 1993 Federal income tax returns (1992 return and 1993 return, respectively)…
2Cases cited9 opinions
- Welch v. HelveringSupreme Court of the United States · 1933
- Deputy, Administratrix v. Du PontSupreme Court of the United States · 1940
- United States v. Philadelphia National BankSupreme Court of the United States · 1963
- Hernandez v. CommissionerSupreme Court of the United States · 1989
- Haynes v. United StatesSupreme Court of the United States · 1968
4 more not listed; retrieve them via the Exa API.
3Cited by25 opinions
- Charles and Susan Glass v. Commissioner of Internal RevenueCourt of Appeals for the Sixth Circuit · 2006
- Belk v. Comm'rUnited States Tax Court · 2013
- Samueli v. Comm'rUnited States Tax Court · 2009
- Mitchell v. CommissionerUnited States Tax Court · 2012
- Turner v. Comm'rUnited States Tax Court · 2006
20 more not listed; retrieve them via the Exa API.