Publication 598

Publication 598

A form published by the IRS explaining taxation on unrelated business income of tax exempt organizations such as churches and political action committees. While there are a number of exemptions, the IRS taxes unrelated business income at ordinary corporate tax rates.
References in periodicals archive ?
* IRS Publication 598, Tax on Unrelated Business Income of Exempt Organizations.
Publication 598: Tax on Unrelated Business Income of Exempt Organizations