Unrelated Business Income Taxation

The University of Tennessee is tax-exempt as an instrumentality of the State of Tennessee; however, the University is not exempt from unrelated business income taxes imposed by IRC §511, 512, & 513.  Please use the following resources and contact the Office of the CBO or our office before any new income generating activity begins for evaluation of potential unrelated business income.

• Unrelated Business Taxable Income Fiscal Policy 
• Unrelated Business Taxable Income Procedure 
• Revenue Questionnaire
• Unrelated Business Taxable Income Worksheet 

If you need additional information, please contact university_tax@tennessee.edu.