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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.

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