
What is an unrelated business income tax?
In Taxes - Business - Asked by Admin - 8 months ago

Unrelated Business Income Tax (UBIT) in the U.S. Internal Revenue Code is the tax on unrelated business income, which comes from an activity engaged in by a tax-exempt 26 USCA 501 organization that is not related to the tax-exempt purpose of that organization.
Answered by Admin - 8 months ago



