A Walk in the Parking Lot Repeal of the “Parking Tax”
The Further Consolidated Appropriations Act, 2020, retroactively repealed section 512(a)(7) of the Internal Revenue Code (“IRC”), which imposed unrelated business income tax (“UBIT”) of 21 [...]
The Further Consolidated Appropriations Act, 2020, retroactively repealed section 512(a)(7) of the Internal Revenue Code (“IRC”), which imposed unrelated business income tax (“UBIT”) of 21 [...]