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Code · BILL · 119th Congress · H.R. 1 (Reported in House) — To provide for reconciliation pursuant to title II of H. Con. Res. 14. · Sec. 112025

Sec. 112025. Name and logo royalties treated as unrelated business taxable income

120 words·~1 min read·/bill/119/hr/1/rh/section-112025·

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Section 513 is amended by adding at the end the following new subsection: Any sale or licensing by an organization of any name or logo of the organization (including any trademark or copyright relating to such name or logo) shall be treated as an unrelated trade or business regularly carried on by such organization. . Section 512(b) is amended by adding at the end the following new paragraph: Notwithstanding any other paragraph of this subsection, any income derived from any sale or licensing described in section 513(k) shall be included as an item of gross income derived from an unrelated trade or business. .
The amendments made by this section shall apply to taxable years beginning after December 31, 2025.
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