Palmer Ranch v. Commissioner of Internal Revenue
(U.S. Court of Appeals for the Eleventh Circuit), T.C. Memo 2014-79 (US Tax Court 2013), affirmed, 812 F.3d 982 (11th Cir. 2016)US Tax Court trial involving an $83 million dollar dispute with the IRS. A wealthy family donated property for a conservation easement and public park. The IRS disallowed the donation. After a two-week trial the IRS...
