Carmine, Inc., a tobacco manufacturer, incurs certain expenditures associated with political contributions and lobbying activities. Which of these expenditures can be deducted?
Payments to Washington, D.C. law firm to lobby members of Congress |
$800,000 |
Payments to Washington, D.C. law firm to lobby the head of the FDA |
25,000 |
Payments to Richmond law firm to lobby members of the state legislature |
50,000 |
Payments to Lexington law firm to lobby members of the Lexington City |
|
Council |
5,000 |
Political contribution to Committee to Reelect the Mayor of Lexington |
6,000 |