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Mill Road 36 Henry, LLC, et al v. Commissioner of Internal Revenue
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August 21, 2026
11th Circ. Affirms Penalty Over $9M Easement Deduction
The Eleventh Circuit sustained the IRS' valuation penalty against a partnership donor claiming a nearly $9 million charitable deduction on a Georgia conservation easement contribution, upholding a 2023 U.S. Tax Court decision that ruled the donor had grossly misvalued the donated property.
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August 30, 2024
Partnership Asks 11th Circ. To Restore $9M Easement Break
A partnership asked the Eleventh Circuit to reinstate its nearly $9 million deduction for donating a conservation easement in Georgia, saying the U.S. Tax Court erroneously limited the deduction to its cost basis by claiming partners who contributed the property had held it as inventory.