Unrelated Business Taxable Income (UBTI) is the income that can trigger Unrelated Business Income Tax (UBIT) for tax-exempt organizations and retirement accounts. Investors can own MLPs directly in ...
LEAWOOD, Kan.--(BUSINESS WIRE)--Tallgrass Energy Partners, LP (NYSE: TEP) and Tallgrass Energy GP, LP (NYSE: TEGP) ("Tallgrass") today announced that members of their respective management teams will ...
A mutual fund, ETF, or closed-end fund that owns more than 25% MLPs will be taxed as a corporation, but funds that own up to 25% MLPs can maintain their pass-through structure. Funds that ...