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Can anyone give an example of UBIT? What about a gift shop at a zoo? If they have pandas at the zoo and the gift shop sells panda stuffed animals, are the income from the sale of the stuffed animals tax exempt?
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Can anyone give an example of UBIT? What about a gift shop at a zoo? If they have pandas at the zoo and the gift shop sells panda stuffed animals, are the income from the sale of the stuffed animals tax exempt?

$15.00 $30.00

Can anyone give an example of UBIT? What about a gift shop at a zoo? If
they have pandas at the zoo and the gift shop sells panda stuffed animals, are the income from the sale of the stuffed animals tax exempt?

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