Which of the Following Is Not Accurate with Respect to Unrelated

Multiple Choice

Which of the following is not accurate with respect to unrelated business income for a 501c3organization?

A) A tax-exempt organization is required to pay tax at the corporate on income generated from any trade or business activities unrelated to the entity's tax-exempt purposes.
B) The purpose of the requirement to tax unrelated business income of a 501c3 organization is to eliminate advantages that have over profit-making organizations
C) As long as the proceeds are used to further the tax exempt organization's purpose, the income will not be taxed.
D) If volunteers perform most of the labor, income-producing activities from will be exempt from unrelated business income tax.