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  4. Unrelated Business Income, Sales, and Local Tax
  5. Unrelated Business Income Tax
  6. UBI Questionnaire and Certification

UBI Questionnaire and Certification

The University requires departments to review activities that may be subject to Unrelated Business Income (UBI) through the NEW Annual Electronic UBI Questionnaire and Certification form that can be accessed by clicking “Complete UBI Certification” button.

Deadline to submit: November 1, 2019.

Access to Forms

Complete UBI Certification

Find My UBI Certification

Need Help? Email ubi-tax@ad.ufl.edu

Overview

Detailed Instructions (coming soon), Detailed Question Explanations, and a Sample Form are available for reference.

Step 1 – you will receive an email with departments/accounts selected for annual certification that will direct you to complete the certification form.

Step 2 – the approver for the selected department must certify the questions related to the selected activity.

Step 3 – Auxiliary/EBA Accounting will review the submission and contact you for any additional information. You will receive a notification with a UBI determination for the fiscal year.

  • If your activity is not subject to UBI, an email notification of the determination will be sent to you for your records and no further action is necessary.
  • If your activity may be subject to UBI, an email notification will be sent to you to complete an additional Financial Statement Analysis (link coming soon) for the activity.

Training

Training Materials from the in-person UBI Training Class are available for your review.

Frequently Asked Questions

Frequently Asked Questions are available here.

Resources

The University of Florida is required to pay Federal income tax on net income from activities deemed unrelated to the exempt mission of the University.

Learn more about Unrelated Business Income (UBI).

Last Reviewed

05/01/2020: reviewed content

Contacts

Auxilary/Educational Business Activity (EBA) Accounting: (352) 294-7236

ubi-tax@ad.ufl.edu

Tax Services: (352) 294-7266