unrelated business income tax

A tax levied on a not-for-profit organization’s taxable income, such as advertising revenue from a publication. [Cases: Internal Revenue 4068; Taxation 1018. C.J.S. Internal Revenue §§ 473–474; Taxation § 1706.]

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词条贡献者

译者Terris，毕业于国内一流的高级翻译学院，擅长翻译各种与政府合同相关的法律文件。