Court Sustains Revocation Of Club’s Tax-Exempt Status Due To Fracking Lease Income

( November 3, 2026, 2:20 PM EST) -- WASHINGTON, D.C. — A U.S. Tax Court judge sustained the Internal Revenue Service’s revocation of a Pennsylvania hunting and fishing club’s tax-exempt status after finding that it derives more than half of its income from nonmember activities including royalties from a mineral lease it entered pertaining to land it owns on the Marcellus Shale formation and therefore engages in “substantial activity” that is not tax-exempt....

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