Posts Tagged ‘UBIT’

CUNA engaged w/ UBIT, cannabis, beneficial owner hearings

CUNA engaged w/ UBIT, cannabis, beneficial owner hearings

Both the House and Senate are in session this week and will be conducting several hearings of note to credit unions. On Wednesday the House Ways and Means subcommittee on oversight will conduct a hearing [...]

House passes bill w/ CUNA-backed UBIT repeal

House passes bill w/ CUNA-backed UBIT repeal

The House passed the Retirement, Savings, and Other Tax Relief Act (H.R. 88) Thursday, a bill that makes a CUNA-backed change to Unrelated Business Income Tax (UBIT). H.R. 88 contains a provision that [...]

CUNA to focus on tax extenders, UBIT, excise for rest of 2018

CUNA to focus on tax extenders, UBIT, excise for rest of 2018

As both 2018 and the 115th Congress wind down, CUNA will pursue several credit union priorities in the next few weeks. Congress will also work toward funding the federal government, which expires Dec. 7. CUNA [...]

New ‘Tax Options’ Paper Is Wake Up Call For CUs

The Senate Finance Committee's "tax options" paper on exempt organizations and charitable giving, released Thursday, included two options of particular interest to credit unions, noted Credit Union National Association President/CEO Bill Cheney. The CUNA [...]

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