{"677337":{"#nid":"677337","#data":{"type":"news","title":"Reporting Unrelated Business Income at Georgia Tech ","body":[{"value":"\u003Cdiv\u003E\u003Cp\u003EIt\u2019s that time of year again when the Office of the Controller at Georgia Tech reaches out to the campus community to report potential Unrelated Business Income (UBI) for their department.\u0026nbsp;\u003C\/p\u003E\u003C\/div\u003E\u003Cdiv\u003E\u003Cp\u003EUBI is income from a trade or business, whether or not it earns a profit, which is regularly conducted, and which is not substantially related to Georgia Tech\u2019s exempt purposes.\u0026nbsp;\u003C\/p\u003E\u003C\/div\u003E\u003Cdiv\u003E\u003Cp\u003EExamples of UBI include advertising, sales of merchandise, ticket sales for entertainment, commercial filming and photography, catering to outside organizations, and recreational memberships sold to non-students and non-employees.\u0026nbsp;\u003C\/p\u003E\u003C\/div\u003E\u003Cdiv\u003E\u003Cp\u003EIf you believe your unit may have unrelated business income, please complete this \u003Ca href=\u0022https:\/\/view.officeapps.live.com\/op\/view.aspx?src=https%3A%2F%2Fcontroller.gatech.edu%2Fsites%2Fdefault%2Ffiles%2F2024-09%2FGT%2520Tax%2520Compliance%2520Survey%2520FY2024.docx\u0026amp;wdOrigin=BROWSELINK\u0022 rel=\u0022noreferrer noopener\u0022 target=\u0022_blank\u0022\u003E\u003Cstrong\u003Esurvey\u003C\/strong\u003E\u003C\/a\u003E\u003Cstrong\u003E \u003C\/strong\u003Eand return it to Senior Tax Compliance Manager \u003Ca href=\u0022mailto:sarah.gamer@business.gatech.edu\u0022 rel=\u0022noreferrer noopener\u0022 target=\u0022_blank\u0022\u003E\u003Cstrong\u003ESarah Gamer\u003C\/strong\u003E\u003C\/a\u003E\u003Cstrong\u003E \u003C\/strong\u003Eby \u003Cstrong\u003EFriday, Nov. 8\u003C\/strong\u003E.\u0026nbsp;\u003C\/p\u003E\u003C\/div\u003E\u003Cdiv\u003E\u003Cp\u003E\u003Ca href=\u0022https:\/\/controller.gatech.edu\/UnrelatedBusinessIncome\u0022 rel=\u0022noreferrer noopener\u0022 target=\u0022_blank\u0022\u003E\u003Cstrong\u003ELearn More\u003C\/strong\u003E\u003C\/a\u003E\u0026nbsp;\u003C\/p\u003E\u003C\/div\u003E","summary":"","format":"limited_html"}],"field_subtitle":"","field_summary":[{"value":"\u003Cp\u003EIt\u2019s that time of year again when the Office of the Controller reaches out to the campus community to report potential unrelated business income (UBI) for their department.\u0026nbsp;\u003C\/p\u003E","format":"limited_html"}],"field_summary_sentence":[{"value":"The Office of the Controller is encouraging the campus community to report potential unrelated business income for their department.."}],"uid":"36461","created_gmt":"2024-10-07 05:57:30","changed_gmt":"2024-10-10 14:57:50","author":"imaul3","boilerplate_text":"","field_publication":"","field_article_url":"","dateline":{"date":"2024-10-07T00:00:00-04:00","iso_date":"2024-10-07T00:00:00-04:00","tz":"America\/New_York"},"extras":[],"hg_media":{"675225":{"id":"675225","type":"image","title":"GettyImages-942682414.jpg","body":null,"created":"1728280663","gmt_created":"2024-10-07 05:57:43","changed":"1728280663","gmt_changed":"2024-10-07 05:57:43","alt":"Hands at computer and calculator","file":{"fid":"258827","name":"GettyImages-942682414.jpg","image_path":"\/sites\/default\/files\/2024\/10\/07\/GettyImages-942682414.jpg","image_full_path":"http:\/\/hg.gatech.edu\/\/sites\/default\/files\/2024\/10\/07\/GettyImages-942682414.jpg","mime":"image\/jpeg","size":10202025,"path_740":"http:\/\/hg.gatech.edu\/sites\/default\/files\/styles\/740xx_scale\/public\/2024\/10\/07\/GettyImages-942682414.jpg?itok=vkWKtBFB"}}},"media_ids":["675225"],"groups":[{"id":"220261","name":"Finance and Planning"}],"categories":[],"keywords":[],"core_research_areas":[],"news_room_topics":[],"event_categories":[],"invited_audience":[],"affiliations":[],"classification":[],"areas_of_expertise":[],"news_and_recent_appearances":[],"phone":[],"contact":[{"value":"\u003Cp\u003E\u003Cstrong\u003EIndia Maul\u003C\/strong\u003E\u003C\/p\u003E\u003Cp\u003ECommunications Program Manager | Institute Communications\u003Cbr\u003EGeorgia Institute of Technology\u003Cbr\u003E\u003Ca href=\u0022mailto:india.maul@gatech.edu\u0022\u003Eindia.maul@gatech.edu\u003C\/a\u003E | comm.gatech.edu | gatech.edu\u003C\/p\u003E","format":"limited_html"}],"email":["india.maul@gatech.edu"],"slides":[],"orientation":[],"userdata":""}}}