Strong ethical and fiduciary oversight by those charged with governance of a not-for-profit entity (NFP) is imperative to maintaining the public's trust.
Learning Objectives
- Learning Outcomes
- Recognize unrelated business income.
- Recall the three criteria to determine whether income is subject to unrelated business income tax.
- Identify statutory exceptions to and exclusions from unrelated business income tax.
- Recall the specific requirements and exceptions that apply to investment and debt-financed property.
