UBTI


Also found in: Acronyms.
References in periodicals archive ?
514(c)(1)), the trustee could run into UBTI problems.
Change in rules for CRTs with UBTI contains trap for the unwary
512(b) generally excludes most forms of investment income from UBTI for certain charitable organizations.
Social club is liable for taxes on UBTI: The Tax Court rejects the taxpayer's argued profit motive and disallows losses related to nonmember services
Tax-exempt organizations generate UBTI if the income-producing activity is performed regularly and doesn't substantially further its overall tax-exempt mission (IRC [section]513).
Not-for-profit organizations and UBTI: even minor differences can impact whether an activity generates unrelated business taxable income for a tax-exempt organization
SMAs often generate UBTI and may not be appropriate for qualified accounts or tax-exempt investors.
Along for the ride? The number of MLP vehicles, and MLP assets, have surged. How to judge their role in client portfolios
If the fund is a partnership for tax purposes its borrowing is attributed to the partners, giving rise to UBTI exposure for tax-exempt investors.
Invisible pension investments
Moreover, UBTI is managed and reduced through a properly structured lease agreement which is intended to shift income (in the form of non-UBTI rental income) to PropCo.
Is the New York hotel industry in midst of perfect storm?
If any amount attributable to income set aside tax free is used for any purpose other than one entitling the set-aside to tax-free treatment, the amount will generally be treated as UBTI.
Welfare benefit funds
UBTI is the gross income derived by any exempt organization from any unrelated trade or business it regularly carries on less the deductions allowed reduced by the deductions directly connected with the carrying on of such trade or business.
LLCs and nonprofit organizations - for-profits, nonprofits, and hybrids
Essentially, UBTI is income received by the tax-exempt organization or entity that is unrelated to its tax-exempt purpose.
Chapter 28: Charitable uses of life insurance
The tax benefit will be claimed by the shareholder and UBTI risk will no longer be a problem.
Chapter 4: gifts of property
Website Sponsorship Arrangement Involving Exempt Organization Generally Were Not UBTI, 98 J.
Thirty-sixth selected Bibliography on computers, technology and the law (January 2003 through December 2003)
5) The Code defines UBTI as the gross income derived from any unrelated trade or business within the meaning of section 513.
Pricing the services of scientific cores Part II: charging outside users. (Feature)
Financial browser ?
Full browser ?