INTERIM GUIDANCE PROVIDED FOR EXEMPT ORGANIZATIONS WITH MULTIPLE UNRELATED BUSINESSES (NOTICE 2018-67),(AUG. 22, 2018)

NSTPInternal Revenue Service (IRS), IRS Credits and Deductions, Uncategorized

The Internal Revenue Service has issued a notice soliciting comments on how to apply a new section of the tax code that was added by the Tax Cuts and Jobs Act pertaining to the unrelated business income taxes for otherwise tax-exempt organizations.