Q: My company operates on a calendar year and is looking for places to unload corporate funds before the end of the tax period. Can we support the RNC under the Citizens United decision, as long as we disclose the donations with the FEC?
A: No. Contrary to media reports, the Supreme Court’s decision does NOT permit corporations to make contributions to specific candidates or parties. In addition to the traditionally-allowed PAC donations and issue ads, you are now allowed to independently support specific candidates or parties, by urging people to “vote for candidate Johnson” or “remember to support the Republican candidates,” which was not previously allowed.
Be diligent about state disclosure requirements, which have increased since the ruling, in what many view as an attempt to dissuade corporations from increasing political spending.