UBIT Survey 2023

Unrelated Business Income Tax (UBIT) Survey
Goal of the Questionnaire: The Internal Revenue service has rules to prevent tax exempt organizations from having an unfair advantage over for-profit businesses that do pay tax on their profits. In recent years, universities have come under IRS scrutiny for the information they report on their annual 990-T form or Unrelated Business Income Tax return (UBIT). To make sure NCSU is in compliance with the IRS regulations and our 990T form is accurate, we are asking departments to provide information on their revenue generating activities by 9/30/2023. Even though most activities will not generate tax and are consistent with our exempt purposes, we need your assistance to complete the below questionnaire to ensure NCSU is in compliance with IRS requirements.
Name
First Last
Email
Revenue Generating Project ID*
Brief description of the sales or services sold:
Who are the customers of the above described sale or service? Multiple selections allowed. (Scrollable list)

PUBLICATIONS:
Does this project generate revenue from the publishing, selling or distribution of phone directories, journals, newsletters, other publications?
- Yes
- No
Comment on above
Do any of these publications contain paid advertising?
- Yes
- No
Comment on above

RENTAL OF PROPERTY:
Do you rent space? This includes land, buildings, or rooms.
- Yes
- No
Comment on above
Does the rental include personal property (e.g., computers, equipment, furnishings)?
- Yes
- No
Comment on above
Are personal services provided to the tenant (e.g., security, food, maid, or linen service, operating microphone and/or lights)?
- Yes
- No
Comment on above
Do you rent equipment or furniture?
- Yes
- No
Comment on above

Unrelated Business Income Tax (UBIT) Survey