US Enhanced Conservation Easement Tax Incentive
Last week the US Congress gave a wonderful year end gift to preservation advocates, protection-oriented landowners and anyone who values natural, wild places. In a bi-partisan vote that reflects Americans’ interest in conservation, irrespective of their other political leanings, both the House and Senate voted to make the “Enhanced Conservation Easement Tax Incentive” permanent and retroactive to the beginning of 2015. Here’s what that means to American Friends, its partners and US taxpayers who own ecologically-sensitive land, including in Canada.