Search results
Results from the WOW.Com Content Network
Instead of a Form 1099, MLP investors receive a Schedule K-1 tax form. As a consequence of their pass-through status, holding MLPs in tax-exempt accounts may generate Unrelated Business Income Tax (UBIT). [2] To encourage tax-exempt investors, some MLPs set up C corporation holding companies of limited partner which can issue common equity. [3]
Unrelated Business Income Tax (UBIT) in the U.S. Internal Revenue Code is the tax on unrelated business income, which comes from an activity engaged in by a tax-exempt 26 U.S.C. 501 organization that is not related to the tax-exempt purpose of that organization.
For premium support please call: 800-290-4726
In their search for income-producing investments, investors have turned over every rock to find the perfect combination of hefty payouts and safety. Many have ended up in a once-obscure niche of ...
For premium support please call: 800-290-4726 more ways to reach us
In Pennsylvania, intermediate units are regional educational service agencies, established by the Pennsylvania General Assembly.Intermediate units are public entities and serve a given geographic area's educational needs and function as a step of organization above that of a public school district, but below that of the Pennsylvania Department of Education.
For premium support please call: 800-290-4726 more ways to reach us
In 2005, the Pennsbury School District experienced a teachers' strike that generated significant regional coverage by the media. After voting down a tentative contract agreement, the leadership of the Pennsbury Education Association (PEA), the union to which all of Pennsbury's teachers belong, was authorized by its members to strike on October ...