Unrelated Business Income Tax
Type of income tax for nonprofit organizations in the United States / From Wikipedia, the free encyclopedia
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For the ubit in quantum mechanics, see U-bit.
Unrelated Business Income Tax (UBIT) in the U.S. Internal Revenue Code is the tax on unrelated business income, which comes from an activity engaged in by a tax-exempt 26 U.S.C. 501 organization that is not related to the tax-exempt purpose of that organization.