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What does UBI stand for?

UBI stands for Unrelated Business Income

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

  • Business, finance, etc.

See other definitions of UBI

Other Resources:
We have 50 other meanings of UBI in our Acronym Attic

Samples in periodicals archive:

The relevant law is the Unrelated Business Income Tax (UBIT), which was passed by Congress in 1950 to prevent nonprofit groups from unfairly competing with businesses that must pay taxes.
This is a new loose-leaf service providing the latest developments on rulings and cases that interpret the law on unrelated business income for nonprofit organizations.
The courses cover exempt status, unrelated business income, employment issues, Form 990 and required disclosures.
Specifically, the Internal Revenue Service (IRS) has recognized that fees and other revenue received from vendors for the use of association lists may fall within the royalty exception to the unrelated-business-income-tax rules for nonprofit, tax-exempt organizations and thus not be subject to unrelated business income tax, even if a certain revenue-generating activity--an affinity credit card program, for example--is unrelated to the association's tax-exempt purposes.