Webinar: You Better Believe It: A UBIT Primer
John Crigler, Owner, and Alex Golubitsky, Of Counsel, Garvey Schubert Barer
- May 31, 2017 2:00pm
- Eastern time zone
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Most public broadcast stations are licensed to tax-exempt organizations that are subject to familiar FCC rules for underwriting announcements. This webinar explores the less familiar territory of activities in digital and print media that are not subject to FCC broadcast regulation, but that are regulated by the IRS. The webinar will introduce you to the concept of unrelated business income tax (UBIT), the IRS’s definition of “advertising,” and IRS requirements for reporting and paying federal…