Thursday, June 30, 2011

Foreign firms in US spent $490K on 1Q lobbying

WASHINGTON — A group representing the U.S.-based subsidiaries of foreign companies spent $490,000 in the first quarter to lobby the federal government on taxes, patent rules and other issues.

That's up from the $440,000 that the Organization for International Investment spent in the same period a year earlier, but far less than the $741,775 that it spent in the fourth quarter of 2010, according to the disclosure report filed on April 18.

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