Tax-exempt organizations : unrelated business income tax (sections 511, 512, and 513) / Carla Neeley Freitag, Esq., www.TaxResearchAndWriting.com, Merritt Island, Florida.

Unrelated business income tax <oct. 1, 2009>

Arlington, VA : Tax Management, [2009]-

1 online resource.

Updated irregularly

Tax management portfolios ; 462-2nd.

" ... describes and analyzes basic principles of [section] 511 through [section] 513 pertaining to the tax on unrelated business taxable income of charities and other exempt organizations. The purpose of the tax is to alleviate unfair competition by exempt organizations with taxable enterprises engaged in similar business endeavors. While most exempt organizations are subject to the tax, not all business income is taxed. Thus, in providing tax representation to an exempt organization, the key determinations are whether the organization derived income subject to the tax and, if so, whether any exceptions or exclusions apply under which the income may escape taxation. From a planning perspective, the tax practitioner should consider whether an organization's business activities can be structured either so that gross income from the activity is not subject to the tax or so that an exception or exclusion applies."

Includes bibliographical references.

Mode of access: World Wide Web.

Description based on contents viewed on Sept. 12, 2018; title from description page.

www

Print version: Freitag, Carla Neeley, 1952- Tax-exempt organizations. Arlington, VA : Tax Management Inc., [2018]-

BNA Premier package.

English

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