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Which of the following is an example of an exempt organization that may be subject to unrelated business income tax? A college bookstore that sells
Which of the following is an example of an exempt organization that may be subject to unrelated business income tax? A college bookstore that sells collegiate branded apparel, books, gifts, and other general merchandise to the public. A hospital gift shop that sells stuffed animals and balloons. A church that rents its non-debt-financed basement to a for-profit organization monthly. An animal shelter that sells donated pet supplies.
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