| 11. | Indian tribes probably will block a new tax on their business income, primarily from gambling.
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| 12. | Charitable organizations are subject to tax on business income.
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| 13. | In 1950, Congress amended the tax law to introduce the concept of unrelated business income.
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| 14. | It includes wages, interest, dividends, business income, rental income, and all other types of income.
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| 15. | Business deductions in excess of business income result in losses that may offset other income.
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| 16. | Payments are also required quarterly or at year end for business income or other undistributed income.
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| 17. | In fact, holding MLPs in tax-exempt accounts may generate Unrelated Business Income Tax ( UBIT ).
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| 18. | Another important business income for Dunn was hunting.
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| 19. | Gary Bauer : 16 percent flat tax on personal and business income and on capital gains.
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| 20. | Armey's flat tax would set a single 17 percent rate on both individual and business income.
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