Wednesday, January 27, 2021

Should Political Contributions be repaid if the election fails?

 

 

 

On Unspent Political Contributions to failed elected candidates

© MC 2021

If a political candidate is not elected to any Public office, the contributions should be repaid to the sources of those payments:

A Political Party should use it for the next election;

Or deduct the amount on a Tax form for the next Tax cycle;

Or repay it to the person(s) who contributed it, in full;

The candidate should not retain or keep it as income.

© MC 2021

 

 

 

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