What about UBIT or Unrelated Business Income Tax?
Monday, 14 June 2010 12:33
 
 

It is important to understand how UBIT, or Unrelated Business Income Tax may apply to your situation.  By engaging in a business line that is substantially different from your particular trade, you may be subject to UBIT.  Make sure to consult with your tax adviser and factor in the effect of UBIT to your planning.

See information on UBIT at the IRS website by clicking here.

Last Updated on Thursday, 17 June 2010 04:27