Exhibit 680 ยท University press release
Tax lobbying provides 22,000 percent return to multinational firms, KU researchers find
University of Kansas release of 9 April 2009, read in the phys.org copy. States that 843 firms repatriated over $312 billion; that the researchers examined 476 publicly traded firms that repatriated more than $298 billion; that Eli Lilly disclosed $8.52 million in lobbying in 2003 and 2004 for the provision; and that for each dollar spent on lobbying a corporation received $220 in U.S. income tax savings, a 22,000 percent average return.
- Source
- University of Kansas (press release, copy on phys.org)
- Date
- 9 April 2009
- Grade
- Reported
- Document
- https://phys.org/news/2009-04-tax-lobbying-percent-multinational-firms.amp
- Accessed
- 2026-11-10
- Cited by
- Findings citing this exhibit