What does UBI stand for?

Unrelated Business Income

This definition appears very rarely and is found in the following Acronym Finder categories:

Business, finance, etc.

Other Resources:

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Ultrasonic Borehole Imager (Schlumberger borehole logging tool) Ultraviolet Blood Irradiation Unexplained Beer Injury Unidentified Beer Injury Unified Business ID (Washington) Unified Business Identifier United Bank of India United Bicycle Institute United Business Institutes Universidade da Beira Interior (Portugal)		Useless Bits of Information Utah British Isles Association (cultural group; Salt Lake City, UT) Uintah Basin in Celebration (Roosevelt, UT) United Brethren in Christ Universal Bus Interface Controller University-Business Innovation Center (Japan) Used Bookstore Inventory Control (BookWeb) Uwe Brahm Information Consulting (Saarbrücken, Germany) Ukrainian Business Incubators and Innovation Centers Association Ubiquitous Healthcare

Samples in periodicals archive:

In May, a federal jury ruled that the IRS erroneously levied the unrelated business income tax (UBIT) on three financial products sold by Community First Credit Union.

No IRS appeal on UBIT

The Court of Federal Claims ruled that a tax-exempt voluntary employees' beneficiary association (VEBA) recognized income subject to the unrelated business income tax (UBIT) because it exceeded the amount the VEBA could set aside to pay benefits.

VEBA's excess set-aside is UBI

As a result, revenue might come from an unrelated trade or business (IRC Section 513(a)) and therefore subject to unrelated business income tax (UBIT) if you regularly carry on the activity.

Nonprofit publishing: how to treat advertising activities by a ...

Certification Reporting The Senate TRA '05 imposes new certification reporting requirements on any organization that: (a) qualifies for tax exempt status under Section 501(c)(3) with; (b) gross receipts totaling at least $10 million (or gross assets totaling $10 million), and (c) that is subject to the unrelated business income tax.

Senate Tax Relief Act Of 2005 (S. 2020) Targets Abusive Transactions ...

The Internal Revenue Code excludes true royalties from taxation as unrelated business income (IRC section 512(b)(2)).

Structuring licensing agreements

It also covers exemption issues, unrelated business income tax, the special rules applicable to private foundations, tax rules applicable to unrelated business income, and the tax and reporting rules applicable to political organizations.

Taxation of Exempt Organizations. (Taxation)

It is targeted to organizational executives and their tax counsel and also includes information regarding unrelated business income taxes and IRS compliance issues.

NEW TAX JOURNALS PUBLISHED BY RIA/WARREN, GORHAM & LAMONT

The Administration's fiscal year 2001 budget package exhumes a proposal to eliminate the current exclusion from unrelated business income tax (UBIT) in respect of investment income in excess of $10,000 earned by section 501(c)(6) organizations (such as TEI).

Comments on Budget Proposal to Tax the Investment Income of Section ...