USA Conservation Easement - Tax Deductibility

[John McGowan]

Situation: A C-corp wants a water permit. The county says we'll give you that water permit if we put in a permit condition that you donate donate a conservation easement on part of your property to a land trust.

Question(s): Is such a donation tax deductible? If so, would it be classified as a charitable gift or a business expense (and would that really make any difference)?

I appreciate all guidance!