Ga. Partnership Defends $78M Deduction For Land Donation

By Molly Moses · February 18, 2026, 5:21 PM EST

A Georgia limited liability company is challenging the denial of a charitable deduction for donated land it said was correctly valued at $77.9 million based on its potential use as a...

To view the full article, register now.

Try a seven day FREE Trial

Already a subscriber? Click here to login

Documents

Petition

Recent Articles By Molly

February 10, 2026
Tax Court Lets IRS Claw Back Child Credit Overpayment
February 06, 2026
Steel Co. Founder's Estate Disputes $100M Deficiency
February 02, 2026
Int'l Tax In January: Global Min. Reached, Trade Deals Abound
January 29, 2026
8th Circ.'s Ruling For 3M 'Makes No Sense,' Gov't Says
January 29, 2026
What Makes A Good Tax Court Expert? Economists Share Tips
January 27, 2026
Perrigo Overpaid Tax, Penalties By $89M, Court Finds
January 26, 2026
'Donations' To Center Were Payment For Return Preparation
January 22, 2026
Man Can't Blame Tax Preparer For Failure To File, IRS Says
January 16, 2026
Spain, US Spell Out Tax Treaty Arbitration Process
January 15, 2026
GM Unit's Transfer Pricing Doesn't Affect VAT, Adviser Says