☩ SOTERIAN GLOSSARY ☩

Living Language Lexicon of the Soteria Covenant

Unrelated Business Income

Income earned by a tax-exempt organization from a trade or business that is regularly carried on and not substantially related to its exempt purpose — subject to tax.

Category: Tax Law · Source: IRC §512
0 terms published 0 awaiting endorsement
Propose a New Term

Submit a term for the community. Two endorsements from other members will publish it.

Per page: