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High Impact Business Dividend Subtraction (within a Foreign Trade Zone or sub-zone)
You may claim a subtraction for dividends you received from a corporation that is designated by the Department of Commerce and Economic Opportunity (DCEO) as a High Impact Business and conducts business operations in a federally designated foreign trade zone (or sub-zone) located in Illinois. You may deduct 100% of these dividends if they are included in your Illinois base income. However, dividends eligible for the enterprise zone subtraction are not eligible for the foreign trade zone (or sub-zone) subtraction.
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