Activities of Disregarded Entity Do Not Create UBTI
Date
2005
Authors
Harvey, Carol Kulish
Outenreath, Alyson
Tod, Jim
Journal Title
Journal ISSN
Volume Title
Publisher
Abstract
A Section 501(c)(6) trade group formed a wholly owned disregarded limited liability company for the purpose of providing trade show services. The IRS ruled that the activities of the disregarded LLC did not create unrelated business taxable income to the trade group.
Description
Keywords
disregarded entity, UBTI, unrelated business taxable income, tax law, IRS, trade group, limited liability company, LLC
Citation
Carol Kulish Harvey, Alyson Outenreath, & Jim Tod, Activities of Disregarded Entity Do Not Create UBTI, 7 No. 4 Bus. Entities 53 (2005).