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.
Note: You may deduct 100 percent of these dividends if they are included in your Illinois base income. However, dividends eligible for the river edge redevelopment zone subtraction are not eligible for the foreign trade zone (or sub-zone) subtraction.