The Lacuna Project

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Exhibit 680

Tax lobbying provides 22,000 percent return to multinational firms, KU researchers find

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

Cited by

Finding POL-1.9
Peer-reviewed Alexander, Mazza and Scholz report that firms lobbying for the 2004 repatriation provision had a return in excess of $220 for every $1 spent on lobbying.