Tag: Unrelated Business Income

Does your department sell goods or advertising, provide services, or rent equipment/space to customers?

If so, you may be generating unrelated business income (UBI) and be subject to an annual reporting requirement and potential taxes. This year’s Unrelated Business Income Training will be held at 1:30 p.m. on Thursday, Aug. 18, in the L. Vernon Voyles Room, 201 Criser Hall.