新用户扫码下载
扫码下载APP
及时接收最新考试资讯及
备考信息
USCPA精选习题82：Regulation
千万不要让本来努力就可以得到的东西，因为怠慢而失去了机会，USCPA的学习亦是如此，每天坚持做一道习题，2019年USCPA一定会成功上岸！正保会计网校为大家整理了USCPA精选习题82：Regulation，希望大家利用好这些内容。
With regard to unrelated business income of an exempt organization, which one of the following statements is correct?
a. An exempt organization is not taxed on unrelated business income of less than $1,000.
b. An exempt organization that earns any unrelated business income in excess of $100,000 during a particular year will lose its exempt status for that particular year.
c. An unrelated trade or business activity that results in a loss is excluded from the definition of unrelated business.
d. The tax on unrelated business income can be imposed even if the unrelated business activity is intermittent and is carried on once a year.
【正确答案】a
【答案解析】
Choice "a" is correct. An exempt organization is not taxed on unrelated business income of less than $1,000.
Choice "c" is incorrect. Unrelated business taxable income is the gross income from any unrelated trade or business "regularly" carried on, minus business deductions directly connected therewith. If expenses exceed income, a net operating loss occurs, which is subject to the carryback and carryover provisions of net operating losses.
Choice "d" is incorrect. The tax on unrelated business income is not imposed if the unrelated business activity is intermittent and is carried on once a year. Unrelated business taxable income must be derived from an activity that constitutes a trade or business that is regularly carried on and is not substantially related to the organization's tax-exempt purpose.
Choice "b" is incorrect. No such $100,000 rule exists.
相关推荐：
有意向报考的AICPA的考生赶快进行免费预评估>> 了解AICPA报考条件吧！
上一篇：美国CPA考点：中期财务报告
新用户扫码下载
京公网安备 11010802044457号