1110.050 Tax - Unrelated Business Income
The University is exempt from the federal corporate income tax because of its exempt purposes, i.e., its education, research, and public service activities. However, in instances where the University receives revenue from activities unrelated to its exempt purposes, the revenue (referred to as Unrelated Business Income (UBI)), may be subject to tax.
Published on 2009-12-02
Administrative Oversight & Contact Information
Edgardo Salazar
Associate Controller
11200 SW 8th Street CSC 310 Miami, FL 33199
- Phone: 305-348-2655
- Facsimile: 305-348-1909