This article examines the Unrelated Business Income Tax and its application to corporate sponsorship of college football bowl games and other exempt organizations likely to be affected by Technical Advice Memorandum 91-47-007. Thereafter, the article will consider the IRS's proposed examination guidelines of corporate sponsorship income, the public policy concerns regarding such income, and the proposed legislation introduced to address the competing concerns.
Vari, Frank James
"The Unrelated Business Income Tax and Its Effects Upon Collegiate Athletics,"
Akron Tax Journal: Vol. 9
, Article 7.
Available at: https://ideaexchange.uakron.edu/akrontaxjournal/vol9/iss1/7