EBP2210. UBIT - Definitions, Investment Pros & Cons, Reporting (Employee Benefit Plan Related)

Like other tax-exempt entities, employee benefit plan trusts are subject to the unrelated business income (UBI) tax rules of IRC sections 511 through 514. This session will explore potential UBI from alternative investments, special rules for section 501(c)(9) VEBAs, and state income tax matters.

Learning Objectives:

• Formulate an understanding of the basic concepts of unrelated business income including UBI generated by alternative investments.
• Evaluate the challenges of state tax compliance.