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WASHINGTON — Among eight new Technical Advice Memoranda issued by the IRS April 27, a new–though specific–issue has arisen in the Unrelated Business Income Tax realm.

Prior to these TAMs, the IRS had deemed sale of accidental death and dismemberment insurance, group life, dental, health and cancer insurance, car buying service and sale of car warranties, guaranteed auto protection insurance, credit disability insurance, and MEMBERS financial management services, as falling under UBIT. One of the new TAMs, however, touches on nonmember ATM usage fees.

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