Since the 2017 tax reform, two major tax-related issues have dominated ASAE advocacy:

  1. The unrelated business income tax (so-called “UBIT”) on parking and transit benefits employers provide employees; and
  2. The excise tax, under Internal Revenue (IR) Code Section 4960, on certain compensation associations and nonprofits provide senior employees.

To help further inform ASAE members, stakeholder organizations and Congress, ASAE staff authored two issue briefs. Take a look:

  1. UBIT on parking and transit benefits
  2. IR Code Section 4960

ASAE thanks its members and industry partners for their steadfast advocacy regarding these issues.

For more information on UBIT or IRS Code Section 4960, email Jeff Evans, ASAE policy staff, at jevans@asaecenter.org.