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Calculate Perch UBIT

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Reference no: EM132663674

Problem - Perch, Inc., an exempt organization, records unrelated business taxable income of $4,000,000.

a. Calculate Perch's UBIT.

b. Prepare an outline of a presentation you are going to give to the new members of Perch's board on why Perch is subject to the UBIT even though it is an exempt organization.

Reference no: EM132663674

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