A Tax Lesson for Election Law

164 Tax Notes Federal No. 14, 2259 (September 30, 2019).

Loyola Law School, Los Angeles Legal Studies Research Paper No. 2019-36

6 Pages Posted: 28 Oct 2019

Date Written: October 28, 2019

Abstract

This short article analyzes the complicated role that tax law plays in regulating campaign finance, using a request from the Price for Congress Committee as a case study. The Price Committee asked the Federal Election Commission for an Advisory Opinion approving transfer of its remaining campaign funds to a section 501(c)(4) social welfare organization. The piece first describes applicable campaign finance law and the FEC proceedings that ended in a deadlock. It next considers the advantages of transferring remaining campaign funds to a section 501(c)(4) organizations instead of a section 501(c)(3) charity. It cautions, however, that a transfer to a section 501(c)(4) could result in adverse tax consequences to the former candidate under section 527. This analysis exposes uncertainties in both federal election and tax law. Now that the Federal Election Commission lacks a quorum, however, tax regulation of campaign finance has particular importance.

Suggested Citation

Aprill, Ellen P., A Tax Lesson for Election Law (October 28, 2019). 164 Tax Notes Federal No. 14, 2259 (September 30, 2019).; Loyola Law School, Los Angeles Legal Studies Research Paper No. 2019-36. Available at SSRN: https://ssrn.com/abstract=3476818

Ellen P. Aprill (Contact Author)

Loyola Law School Los Angeles ( email )

919 Albany Street
Los Angeles, CA 90015-1211
United States
213-736-1157 (Phone)
213-380-3769 (Fax)

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