Do Nonprofit Organizations Pay Taxes? Understanding Unrelated Business Income Tax on Investment Income
Posted by admin Aug 8, 2017 4:00:00 PM
It is often assumed that all nonprofit organizations are completely tax exempt, but do nonprofit organizations pay taxes? While most nonprofits do have exempt status, they can still be subject to tax if they have unrelated business taxable income (UBTI). UBTI is subject to unrelated business income tax (UBIT).
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