Unrelated Business Income Tax (UBIT): A Challenge for Nonprofit Fundraising

Event Description

 

Deadline to Register:  Monday, August 18, 2014 if you are attending by phone.

In person attendance can register in advance or at the door.  Don't forget your bag lunch!

As nonprofits organizations seek creative solutions to their fundraising needs, attorneys who deal with nonprofit must have understanding of Unrelated Business Income Tax (UBIT).  Many desire to create social enterprises and on-going operations geared to fund the organization’s programs.   But forays into the for-profit landscape to raise money, may create tax liability that might be avoided.
 
This one-credit CLE will explain:
 
•        What UBIT is
•        How to properly avoid UBIT
•        Exceptions to UBIT
•        Imposition of tax and deductions
•        Some examples of UBIT-related activities

This is a brown-bag lunch.  Water and soft drinks will be provided.

Discussion Facilitator:
Glen R. McCluskey, Attorney, Nonprofit Launch and Legal Services PLLC

 

CLE Credits:
1 Standard CLE credit applied for | Event Code: 194949

 

Remote Participation:
Teleconferencing is available.  Please indicate that you will attend by teleconference when registering.  The teleconferencing instructions will be sent via e-mail on Tuesday, August 19.

 

Cost:
Business Law Section Member:  Free
MSBA Member but not a member of the Business Law Section:  $10.00
Non-MSBA Members:  $15.00
Law Students: Free

 

Join the Business Law Section:  $25.00  MSBA members who are not members of the Business Law Section can join the section & attend this CLE for free.  Pay the 12-month dues and your section membership will be valid thru June 30, 2015.  Click here to add the Business Law Section to your membership and then contact Sue Bores to register for this meeting.

You can use this link to register online http://msba.mnbar.org/Meetings/Meeting?ID=475 or mail in the registration form located here.

Need to cancel?  Please see our cancellation policy.

Questions?  Contact:
Sue Bores l sbores@mnbar.org l 612-278-6325

Register for this Event

This meeting has already occurred.

Pre-Registration is Closed

DATE
Wednesday, August 20, 2014
TIME

12:00 PM to 1:00 PM

VENUE
Minnesota State Bar Association
600 Nicollet Mall #380
Minneapolis, MN 55402