Most Golf Conservation Easements Are Legit, Rebuttal Contends

By | January 13, 2016

In a letter published in The Wall Street Journal to respond to its report on the Internal Revenue Service’s successful challenge of tax breaks claimed by St. James Plantation, the CEO of the National Golf Course Owners Association contends that many courses properly meet the easement requirements and that the industry shouldn’t be singled out for scrutiny.

IRS Battles Conservation-Easement Claims

By | January 6, 2016

Golf courses have accounted for some of the more contentious cases over the tax breaks, which allow people to claim a charitable deduction for giving away the right to develop land. Last month, the Internal Revenue Service won a challenge to a claim by two St. James Plantation golf courses in Southport, N.C., to receive nearly $8 million in tax breaks, with the judge noting that “patches of native vegetation and wildlife don’t justify seven-figure tax breaks.”