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Groups Urge Clear Guidance on Conservation Easement Deductions

Tax Notes
Kristen Parillo
March 11th, 2021

A coalition of advocacy groups has written to Treasury Secretary Janet Yellen, urging her to authorize the creation of a working group to develop guidance containing sample conservation easement deed provisions.

The March 10 letter from representatives of the National Taxpayers Union, Americans for Tax Reform, and Center for a Free Economy suggests that a working group’s output could produce guidance subject to notice and comment by late summer.

The letter follows Yellen’s responses to Senate Finance Committee members’ written questions submitted after her January 19 confirmation hearing. Yellen was confirmed by the Senate January 25 and sworn in as Treasury secretary January 26.

Click here to read the piece in Tax Notes.


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