TAX NEWS - JUNE 2010

US Tax: Adobe spent $50,000 lobbying on tax credits in 1Q

05 June 2010 -- Adobe Systems Inc. spent $50,000 in the first quarter to lobby federal officials on tax credits, cybersecurity, patent reform and other issues, according to a disclosure report.

That was less than the $150,000 it spent in the same period a year earlier. The San Jose, Calif., software company spent $70,000 lobbying in the fourth quarter of last year.

Adobe also lobbied on the White House's Open Government Directive — rules directing agencies to take immediate and specific steps to open their operations to the public. It lobbied in support of personal data privacy and security legislation and in support of extending a research and development tax credit for companies. And it lobbied in support of a patent reform bill.

The agencies Adobe lobbied January through March include Congress, the Executive Office of the President, Department of Treasury and the State Department, according to the form it filed April 20 with the House clerk's office.