The General Objective of the Tax on Unrelated Business Income

question 112

True/False

The general objective of the tax on unrelated business income is to tax such income as if the entity were a taxable corporation.

---

Definitions:

Task Group

A collection of individuals who come together with a specific goal or objective to perform a task or solve a problem.

Brainstorming

A collaborative idea-generation process where participants freely offer creative solutions and thoughts.

Discourage

The act of persuading someone to not take a certain action or to diminish their motivation or enthusiasm towards an activity or goal.

Unusual Ideas

Concepts, thoughts, or innovations that stand out due to their uncommon nature, novelty, or creativity.