Break on Foreign-Profit Tax Means Billions to U.S. Firms

Break on Foreign-Profit Tax Means Billions to U.S. Firms: "Friday, August 19, 2005
Prompted by a one-time tax holiday on profits earned abroad, pharmaceutical giant Eli Lilly and Co. announced early this year that it would bring home $8 billion to boost research and development spending, capital investments and other job-creating ventures."



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