No deduction otherwise allowable under this chapter shall be allowed for any amount paid or incurred for-
For purposes of this section-
The term "political party" means-
Proceeds shall be treated as inuring to or for the use of a political candidate only if-
For disallowance of certain entertainment, etc., expenses, see section 274.
26 U.S.C. § 276
AMENDMENTS1974-Subsecs. (c), (d). Pub. L. 93-443 struck out subsec. (c) relating to advertising in a convention program of a national political convention, and redesignated subsec. (d) as (c). 1968-Subsecs. (c), (d). Pub. L. 90-364 added subsec. (c) and redesignated former subsec. (c) as (d).
STATUTORY NOTES AND RELATED SUBSIDIARIES
EFFECTIVE DATE OF 1974 AMENDMENT Amendment by Pub. L. 93-443 applicable with respect to taxable years beginning after Dec. 31, 1974, see section 410(c)(1) of Pub. L. 93-443 set out as a note under sectionof Title 52, Voting and Elections.
EFFECTIVE DATE OF 1968 AMENDMENT Pub. L. 90-364, title I, §108(b), June 28, 1968, 82 Stat. 269, provided that: "The amendments made by subsection (a) [amending this section] shall apply with respect to amounts paid or incurred on or after January 1, 1968."
EFFECTIVE DATEPub. L. 89-368, title III, §301(c), Mar. 15, 1966, 80 Stat. 67, provided that: "The amendments made by subsections (a) and (b) [enacting this section] shall apply to taxable years beginning after December 31, 1965, but only with respect to amounts paid or incurred after the date of the enactment of this Act [Mar. 15, 1966]."
PROGRAM ADVERTISING FOR PRESIDENTIAL AND VICE-PRESIDENTIAL NOMINATING CONVENTIONSPub. L. 90-346, June 18, 1968, 82 Stat. 183, provided for advertising in a convention program of a national political convention, applicable with respect to amounts paid or incurred on or after Jan. 1, 1968, prior to repeal by Pub. L. 93-625, §10(g), Jan. 3, 1975, 88 Stat. 2119.
- The term "State" shall be construed to include the District of Columbia, where such construction is necessary to carry out provisions of this title.
- trade or business
- The term "trade or business" includes the performance of the functions of a public office.