Читать книгу The Tax Law of Charitable Giving - Bruce Hopkins R., Bruce R. Hopkins, David Middlebrook - Страница 46

The unrelated business income rules that are applicable to charitable and other tax-exempt organizations were enacted in 1950, were significantly enhanced in 1969,⁵⁰⁹ and have been augmented by nearly every subsequent tax act. The objective of these rules is to prevent unfair competition between tax-exempt organizations and for-profit, commercial enterprises.⁵¹⁰ The rules are intended to place the unrelated business activities of a tax-exempt organization on the same tax basis as the nonexempt business with which it competes.