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199
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399
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Conservation Easement Syndicates Outlawyering IRS

Conservation Easement Syndicates Outlawyering IRS

This is not the first time that APA has been used against the IRS in the conservation easement fight.  In the Hewitt decision in the Eleventh Circuit nearly a year ago the court invalidated a regulation interpreting the perpetuity requirement. In the Court’s opinion Treasury had not given sufficient consideration to a comment submitted by the New York Land Conservancy.

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On Tax Writing Rabbit Holes

On Tax Writing Rabbit Holes

I had really cut back not even including a reference to the fact that the 69th was the First Regiment of the Irish Brigade during the Late Unpleasantness which produced another famous chaplain – Father William Corby (He was with the 88th New York).  Father Corby would become president of Notre Dame.  Father Stephen Duncan who reenacts Father Corby told me that the “Fighting Irish” nickname of Notre Dame comes from Father Corby’s service to the Brigade.

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Over and over again courts have said that there is nothing sinister in so arranging one’s affairs as to keep taxes as low as possible. Everybody does so, rich or poor; and all do right, for nobody owes any public duty to pay more than the law demands: taxes are enforced exactions, not voluntary contributions. To demand more in the name of morals is mere cant.