• IRS to Treat Some Conservation Easement Syndicated Deals and Similar Transactions as Listed Transactions
  • January 18, 2017 | Authors: Joshua A. Ehrenfeld; Allen Sullivan
  • Law Firms: Burr & Forman LLP - Nashville Office ; Burr & Forman LLP - Birmingham Office
  • The IRS has announced that it will begin treating certain syndicated conservation easement transactions and "substantially similar" transactions as “listed transactions.” Notice 2017-20 published on December 23, 2016 (the “Notice”) provides that the IRS intends to challenge the proposed tax benefits offered by certain transactions involving the promotion and syndication of conservation easements.