Unrelated Business Income Tax
Learn more about Unrelated Business Income Tax.
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Unrelated Business Income Tax (UBI)
Overview The University of Florida, as a governmental unit, is not taxed on its income from an activity substantially related... -
Unrelated Business Income Tax (UBI) Criteria
Directive Statement If the University of Florida carries on a trade or business that is not substantially related to its... -
UBI Exclusions
Even if an activity is considered to generate UBI based on the three UBI criteria, there are a number of... -
(Tax Reform) Changes to Unrelated Business Income Tax (UBI)
2017 Tax Cuts and Jobs Act As part of Tax Reform, UBI must be calculated separately (i.e., expenses of one... -
Example of Activities Unrelated to the Mission of UF
The following activities are not related to the mission of the University and may be subject to unrelated business income tax (UBIT). ... -
Example of Activities Related to the Mission of UF
The following are examples of activities that are related to the mission of the University and may not be subject to unrelated... -
Unrelated Business Income (UBI) Definitions
Advertising – Advertising includes an inducement to action, providing qualitative or comparative language, pricing information, an indication of savings, or... -
UBI Questionnaire and Certification
The University requires departments to review activities that may be Unrelated Business Income (UBI) through the Annual Electronic UBI Questionnaire... -
Unrelated Business Income FAQs
General Questions What is UBI? UBI stands for Unrelated Business Income. The University of Florida, as a governmental unit, is...