Exceptions to the Unrelated Business Income Tax for Non-Profit Organizations
Contact a Law Firm with Experience and Specialized Knowledge
Although tax exempt, a non-profit organization still may be liable for tax on
unrelated business income. Tax-exempt organizations are not exempt from certain taxes if they engage in a trade or business which is (1) regularly carried on and (2) unrelated to the exempt purpose of the organization.
Our Attorneys Advise Non-Profits on UBIT
Managers of non-profit organizations often require advice and assistance in distinguishing taxable from nontaxable income, and designing means to avoid unrelated business taxable income. Copilevitz & Canter, LLC, is a Washington, D.C. and Kansas City law firm dedicated solely to counsel and representation of NPOs.
Our attorneys welcome the opportunity to advise and assist your non-profit on any issues related to non-profit organizations and unrelated taxable income and exceptions. Contact us to schedule a consultation and learn how we can help.
Exceptions to UBIT
There are a number of exceptions to the unrelated business income tax ("UBIT"). We help our clients understand what is UBIT and how programs can be developed so they either will not be exposed to UBIT or will qualify for one of the statutory exceptions.
Contact Copilevitz & Canter, LLC, for Legal Counsel on NPOs and UBIT
If you plan to form a not-for-profit organization or serve as the manager of an NPO, you understand the importance of following the complex laws and regulations required to obtain and maintain tax-exempt status. The not-for-profit organization lawyers of Copilevitz & Canter, LLC, invite your inquiry on legal issues pertaining to non-profits. Call or e-mail us to discuss your organization's goals and concerns.
