Unrelated Business Income Tax (UBIT)
Auditing Services is responsible for preparing an annual UBIT package with the CSU Chancellor's Office on behalf of Sac State. Unrelated income would include any revenue the University receives that is not specifically related to the main function of the campus. The UBIT package is prepared by Auditing Services and reviewed by the Tax Office at the Chancellor's Office. The Chancellor's Office uses this to prepare Form 990-T to file with the IRS for all of California State University.