For an exempt organization to be subject to the unrelated business income tax, the trade or business must not be substantially related to the exempt purpose of the organization.

Question

Quizplus · Accepted Answer

The unrelated business income tax (UBIT) applies to income from a trade or business that is regularly carried on and is not substantially related to the organization's exempt purpose, beyond the need for income generation.

For an Exempt Organization to Be Subject to the Unrelated