What is a PAC?

IRS Code defines three important tax advantaged entities which play very important roles in American society. Under Sections 501 and 527 they are:

501(c)(3) - Public Charity tax deductible contribution, tax free operation
501(c)(4) - Social Welfare Organization taxable contribution, tax free operation
527 - Political Action Committee taxable contribution, tax free operation

Of the three, PACs have the greatest latitude for political engagement. Such as:

Want to know more about PACs? Go to:
Federal Election Commission               Alliance for Justice  AFJ

Copyright 1999 Extraterrestrial Phenomena Political Action Committee

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