Which of the following activities may give rise to Unrelated Business Income Tax?
A) Investment income arising from investment of unrestricted funds.
B) Sale of donated merchandise.
C) Advertising revenues from advertisements in a newsletter.
D) None of the above would give rise to unrelated business income.

Question

Quizplus · Accepted Answer

Advertising revenues from advertisements in a newsletter can be considered unrelated business income if the activity is not substantially related to the organization's exempt purpose.

Which of the Following Activities May Give Rise to Unrelated