Permalink Submitted by Alan Spross on Thu, 2011-06-02 19:57
C Corps are not considered tax exempt and therefore do not produce UBTI.
MLPs are the largest source of UBTI because they are considered tax exempt, ie they are a pass through entity where profits are taxable to the partners.
Permalink Submitted by Alan Spross on Thu, 2011-06-02 19:57
C Corps are not considered tax exempt and therefore do not produce UBTI.
MLPs are the largest source of UBTI because they are considered tax exempt, ie they are a pass through entity where profits are taxable to the partners.
Permalink Submitted by Anne Schulze on Thu, 2011-06-02 20:04
Thank you