n363360SE Academic Article uri icon

abstract

  • This paper summarizes the unrelated business income tax rules as they apply to tax-exempt charitable organizations described in Section 501(c)(3) of the Code. Since the 1950s, the unrelated business income tax has been imposed on a charitys net income from a regularly carried on trade or business that is unrelated to the charitys tax-exempt purposes. Often times, the justification for imposing this tax on a charitys net income from unrelated business activities is that such activities involve unfair competition with the charitys for-profit counterparts.

published proceedings

  • The Texas Tax Lawyer

author list (cited authors)

  • Helge, T. L.

publication date

  • January 1, 2015 11:11 AM