Table 5.--Number of Returns, Gross Unrelated Business Income (UBI), Total Deductions, Net Income
(Less Deficit), Deficit, and Total Income Tax, by Primary Unrelated Business Activity or Industrial
Grouping, Tax Year 1995
[All figures are estimates based on samples--money amounts are in thousands of dollars]
Gross Total Net income Total
Number unrelated deductions [1,2] (less deficit) income tax [4]
Primary unrelated business activity of business Deficit
or industrial grouping returns income Number Number Number
(UBI) of Amount of Amount of
returns returns [3] returns
(1) (2) (3) (4) (5) (6) (7) (8)
36,394 6,279,659
All activities and groupings.......................................................................................................................... 36,229 7,253,305 31,529 -973,648 -1,866,621 18,243
394 21,400
Agriculture, forestry, and fishing.......................................................................................................................... 394 50,432 305 -29,032 -31,606 102
171
Mining.......................................................................................................................... 9,526 171 17,571 146 -8,045 -10,325 132
*24
Construction.......................................................................................................................... *1,484 *24 *633 *24 *851 *-3 *23
912
Manufacturing.......................................................................................................................... 218,475 912 263,310 733 -44,835 -81,529 251
445 102,082
Transportation and public utilities.......................................................................................................................... 445 202,570 386 -100,488 -105,790 157
89
Wholesale trade.......................................................................................................................... 7,683 89 15,111 65 -7,428 -8,995 *26
3,913
Retail trade.......................................................................................................................... 550,153 3,913 762,224 3,571 -212,072 -263,394 1,498
15,368 2,460,953
Finance, insurance, and real estate, total.......................................................................................................................... 15,252 2,157,240 13,832 303,713 -331,008 10,800
Unrelated debt-financed activities,
except rental of real estate......................................................... 967 173,875 952 139,710 923 34,165 -12,213 801
Investment activities of Code section
3,703
501(c)(7), (9), and (17) organizations......................................................... 568,790 3,659 266,949 3,087 301,841 -8,550 2,908
Rental of personal property......................................................... 877 46,041 877 76,765 828 -30,724 -36,041 419
Passive income activities with
controlled organizations......................................................... 432 29,133 431 32,180 428 -3,047 -13,361 310
Other finance, insurance, and real estate……..........................................................
9,389 1,643,114 9,333 1,641,636 8,566 1,478 -260,843 6,362
14,305
Services.......................................................................................................................... 2,838,887 14,300 3,702,516 11,857 -863,630 -1,013,570 4,920
328 57,132
Exploited exempt activities.......................................................................................................................... 328 69,168 221 -12,036 -16,637 125
444
Not allocable.......................................................................................................................... 11,883 402 12,529 389 -646 -3,764 210
*Estimate should be used with caution because of the small number of sample returns on which it is based.
[1]Excludes cost of sales and services, which was subtracted from gross receipts from sales and services in computing gross profit from sales and services. Gross profit from
sales and services was a component of gross unrelated business income (UBI). Cost of sales and services can include amounts attributable to depreciation, salaries and wages,
and certain other deductible items. For all exempt organizations reporting gross UBI, cost of sales and services was $1.7 billion.
[2] Includes both deductions reported on the main part of the tax return and expense items reported on attached schedules.
[3] Excludes returns with net income (less deficit) equal to zero.
[4] Total income tax is the regular unrelated business income tax after reduction by any tax credits (foreign tax credit, general business credit, prior-year minimum tax credit, and
other allowable credits), plus taxes from recapture of certain prior-year credits, the "alternative minimum tax," the environmental tax, and the "proxy" tax on nondeductible
lobbying and political expenditures. The proxy tax was reported on Form 990-T and was included in total income tax; however, it had no connection to the tax on unrelated
business income or an organization's involvement in unrelated business activities. For exempt organizations reporting gross UBI, total proxy tax was $3.9 million.
NOTE: Detail may not add to totals because of rounding.
SOURCE: IRS, Statistics of Income Bulletin, Spring 1999.
Total
income tax [4]
Amount
(9)
277,481
728
495
*319
12,297
1,622
*353
14,314
203,140
15,007
100,885
1,090
1,883
84,275
42,157
1,101
957