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UBI
(redirected from Unrelated Business Income)

   Also found in: Financial, Wikipedia 0.01 sec.
AcronymDefinition
UBIUniversidade da Beira Interior (Portugal)
UBIUnited Bank of India
UBIUnrelated Business Income
UBIUnified Business Identifier
UBIUnited Bicycle Institute
UBIUKW-Sprechfunkzeugnis für den Binnenschifffahrtsfunk (German: internationally valid radio certification)
UBIUnited Business Institutes
UBIUltraviolet Blood Irradiation
UBIUnexplained Beer Injury
UBIUltrasonic Borehole Imager (Schlumberger borehole logging tool)
UBIUseless Bits of Information
UBIUnified Business ID (Washington)
UBIUnidentified Beer Injury


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References in periodicals archive?   Acronyms browser?   Full browser?
In May, a federal jury ruled that the IRS erroneously levied the unrelated business income tax (UBIT) on three financial products sold by Community First Credit Union.
The Court of Federal Claims ruled that a tax-exempt voluntary employees' beneficiary association (VEBA) recognized income subject to the unrelated business income tax (UBIT) because it exceeded the amount the VEBA could set aside to pay benefits.
As a result, revenue might come from an unrelated trade or business (IRC Section 513(a)) and therefore subject to unrelated business income tax (UBIT) if you regularly carry on the activity.
 
 
 
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