tailieunhanh - Publication 598 (Rev. March 2012) Tax on Unrelated Business Income of Exempt Organizations

What makes LSI better than the competition in its specific market niche? None of the current competitors are capable of combining LSI’s content with technology to create compelling e-learning courseware in under two weeks! The e-learning market will undergo significant price competition. In LSI’s market niche, however, given also the leadership position that it enjoys, price competition is expected to be less aggressive. The general e-learning market is highly fragmented with no single competitor accounting for a dominant market share, and competition is intense. In the CAM and Bible content market LSI will be competing with other “ generic” suppliers of CAM and Bible courseware, third-party. | Department of the Treasury Internal Revenue Service Publication 598 Rev. March 2012 Cat. No. 46598X Tax on Unrelated Business Income of Exempt Organizations Contents Introduction. 1 Chapter 1. Organizations Subject to the Tax . 2 Chapter 2. The Tax and Filing Requirements . 2 Chapter 3. Unrelated Trade or Business. 3 Chapter 4. Unrelated Business Taxable Income. 9 Chapter 5. How To Get Tax Mar 15 2012 Get forms and other information faster and easier by Internet What s New Federal tax deposits must be made by electronic funds transfer. Beginning January 1 2011 you must use electronic funds transfer to make all federal tax deposits. Forms 8109 and 8109-B Federal Tax Deposit Coupon cannot be used after 2010. See Federal Tax Deposits Must be Made by Electronic Funds Transfer on page 3. For large corporations special rules apply for estimated tax payments that are required to be made for the period that includes July August or September of 2012 and the period that immediately follows these months. See the instructions for line 12 on the 2012 Form 990-W Worksheet Estimated Tax on Unrelated Business Taxable Income for Tax-Exempt Organizations. The maximum cost of a low-cost article for organizations eligible to receive charitable contributions was increased to for 2011. See Distribution of low-cost articles on page 8. The annual limit on associate member dues received by an agricultural or horticultural organization not treated as gross income was increased to 148 for 2011. See Exception under Dues of Agricultural Organizations and Business Leagues on page 10. The IRS has created a page on that includes information about Pub. 598 at pub598. Introduction An exempt organization is not taxed on its income from an activity substantially related to the charitable educational or other purpose that is the basis for the organization s exemption. Such income is exempt even if the activity is a trade or business. However if an .