ERIC Number: EJ427307
Record Type: Journal
Publication Date: 1991
Reference Count: N/A
UBIT Issues: Guidance on Interpreting Unrelated Business Income Tax Rules.
Roark, Stephen J.; Danley, Lisa M.
Business Officer, v24 n11 p46-50 May 1991
The central issue in determining taxability of colleges' unrelated business income is the tax's purpose: to eliminate unfair advantage of exempt organizations over tax-paying businesses. If the business is not competing with outside vendors and can be related to the organization's exempt purposes, income is not taxable. (MSE)
Descriptors: Advertising, College Administration, College Athletics, College Stores, Entrepreneurship, Federal Regulation, Higher Education, Income, Investment, Publications, Real Estate, Research Projects, Retailing, Taxes
National Association of College and University Business Officers. 1110 Vermont Avenue NW Suite 800, Washington, DC 20005. Tel: 800-462-4916; Tel: 202-861-2500; Fax: 202-861-2583; Web site: http://www.nacubo.org
Publication Type: Journal Articles; Guides - Non-Classroom
Education Level: N/A
Audience: Administrators; Practitioners
Authoring Institution: N/A
Identifiers - Laws, Policies, & Programs: Internal Revenue Code