Unrelated Business Income Tax Fundamentals Webinar

• Identify the history and applications of the unrelated business income tax (UBIT).
• Learn the implications of provisions contained in The Tax Cuts and Jobs Act and their implications for employee benefits and revenue generating activities including operating businesses and alternative investments.
• Recognize the definition of unrelated business income and it's implications on both an organization's operating trades and businesses and investment activities.
• Determine exclusions, modifications and exception to unrelated business income.
• Identify debt financed income.
• Recognize the rules for deducting expenses in determining unrelated business taxable income, filing requirements and the implications of earning unrelated business income beyond potentially paying tax.
• Identify special rules for particular activities and types of entities.
• Identify federal and state filing issues.

• Definition of unrelated business
• Unrelated business income tax: origins, exclusions, modifications and exceptions
• Tax Cuts and Jobs Act
• Special rules
• Debt financed income issues
• Alternative investments
• Filing requirements
• State UBIT filings and other federal filings relating to foreign investments