§ 511. Imposition of tax on unrelated business income of charitable, etc., organizations
Charitable, etc., organizations taxable at corporation rates
Imposition of tax There is hereby imposed for each taxable year on the unrelated business taxable income (as defined in section
512) of every organization described in paragraph (2) a tax computed as provided in section
11. In making such computation for purposes of this section, the term “taxable income” as used in section
11 shall be read as “unrelated business taxable income”.