Corporate sponsorships – Do you know how to avoid UBIT?
$225.00
Description
Abstract: Finding a corporate sponsor to bankroll all or part of a nonprofit’s special event isn’t easy. So, once an organization lines up a sponsor, it’ll likely be in proverbial heaven. But, as this article notes, the nonprofit must carefully abide by the requirements for a qualified sponsorship payment exception ― or it could, in the end, face unrelated business income tax.
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