Matthew Anderson

Matthew Anderson

K&L Gates LLP

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IRS Changes Position on Certain Income Earned by State-Chartered Credit Unions

In a recent memorandum (found here), the IRS issued instructions to all exempt organization examiners on the applicability of unrelated business income tax (“UBIT”) to certain income earned by state-chartered credit unions...more

5/16/2014 - Business Taxes Corporate Taxes Credit Unions Income Taxes IRS UBIT

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