Every day, 6,000+ acres of natural spaces are lost to development. Future generations should enjoy our country’s scenic open spaces for years to come, because conservation matters – and we should be encouraging more land conservation, not restricting it.
We are a diverse, national coalition of stakeholders in more than 40 states representing the entire conservation easement ecosystem – and we believe that conservation should be available for ALL Americans. Join our land conservation efforts today.
The IRS issued Notice 2017-10 on December 23, 2016, designating certain donations of conservation easements by partnerships as a “listed transaction.” P4C has five primary overarching concerns with the Notice, and provides several potential alternative solutions.
Section 170(h) of the Internal Revenue Code has helped preserve millions of acres of land for almost 40 years. With an enhanced conservation easement incentive in 2015, the tax incentive is working as intended – and P4C supports common-sense improvements to continue to empower private conservation for more Americans.
P4C recommends several best practices our members follow when using private funding to advance conservation efforts in the United States. We encourage any qualified recipients to accept conservation donation easement donations that adhere to these guidelines.
Tax Notes By Kristen Parillo and Fred Stokeld July 16, 2019 A bill to stop abusive conservation easement transactions would only temporarily reduce the number of deals and…
P4C released the following statement today in regards to the Joint Committee on Taxation’s analysis of S.170: While it is no surprise the curtailing of a charitable tax…
The Joint Committee on Taxation’s analysis of S.170 claims that curtailing a charitable tax deduction would result in more revenue for the federal government – but this appears to come from the proposal’s retroactivity and does not acknowledge the fact that these charitable tax deductions, according to highly credible research studies, provided positive “4 to 12 times” conservation investment returns to the American public.
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#ICYMI: Land conservation with the help of land trusts provides more than $1 billion in benefits to Texas taxpayers each year:
Donations from conservation partnerships allow environmentally-valuable land to be conserved permanently. Learn more about this vital conservation strategy: