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1. What is Unrelated Business Income (UBI) and how do I know if my
department is generating any?
Unrelated Business Income (UBIT)
6. What is Unrelated Business Income (UBI) and how do I know if my department is generating any?
A: The IRS defines Unrelated Business Income as revenues business activities which are "regularly carried on" and are not related to the mission of the institution. Please see (area of website) for a more detailed explanation.
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