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Federal Tax Policies To Watch in 2018, Law360

January 01, 2018

Alexander Reid discusses with Law360 the lack of clarity the tax bill has regarding the so-called unrelated business taxable income (UBTI) for tax-exempt organizations. It is unclear if those UBTI losses must be filed separately or not.

“The answer will have a huge revenue effect whether you put them all together or treat them separately, and it’s going to be an administrative nightmare to try to track all of that,” Reid said.

View the full Law360 article >>