Question
Unrelated business income (UBI): a. includes unrelated income from an activity where all the work is performed by volunteers. b. is not created if the
Unrelated business income (UBI):
a. includes unrelated income from an activity where all the work is performed by volunteers.
b. is not created if the activity results in a loss.
c. is 100% taxable on the exempt organization's tax return.
d. specifically excludes income from the research of a college or hospital.
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Handbook Of Energy Audits
Authors: Albert Thumann, Terry Niehus, William J. Younger
8th Edition
1439821453, 978-1439821459
