UNRELATED BUSINESS INCOME TAX (UBIT)
Although the University is generally exempt from income tax as a 501(c)(3) organization, it can be subject to income tax on certain revenues.
Before a college or department begins sales of a new item or service, please contact the Tax Office to determine if it creates an income tax liability.
For additional information, you can also review the following:
IRS Publication 598 – Tax on Unrelated Business Income of Exempt Organizations
BYU Tax Office