Unrelated Business Taxable Income (UBTI) is the income that can trigger Unrelated Business Income Tax (UBIT) for tax-exempt organizations and retirement accounts. Investors can own MLPs directly in ...

With some exceptions, organizations subject to the unrelated business income tax under Section 511 that have more than one unrelated trade or business may rely on a “reasonable, good-faith ...

Julia Kagan is a financial/consumer journalist and former senior editor, personal finance, of Investopedia. Lea Uradu, J.D., is a Maryland state registered tax preparer, state-certified notary public, ...

On April 23, 2020, the IRS published new proposed regulations with guidance on how nonprofits should calculate their unrelated business taxable income, or UBTI, for separate trades or businesses. This ...

One of the major elements of the 2017 Tax Cuts and Jobs Act (the "Act") was the reduction in the maximum corporate tax rate from 35% to 21%. The corporate tax reduction has been warmly received by ...

Charitable endowments all over the country are at a critical juncture. Many have experienced a considerable reduction in assets due to the stock market downturn. Students, sent home from campus as a ...

Summary Owning individual MLPs in retirement accounts can generate Unrelated Business Taxable Income (UBTI), leading to potential tax liabilities for tax-exempt entities and retirement accounts. MLPs' ...

The U.S. Court of Appeals for the Ninth Circuit, in an unpublished per curiam opinion affirming the Tax Court, held that an individual can’t deduct from his personal income the unrelated business ...

In general, in the case of non-retirement funds, if an individual sells their business or investment property and ultimately gains from this, then they must pay tax on that gain. However, there is an ...