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Do stockholders of a corporation doing business in an Enterprise Zone receive any benefits?

April 26, 2017Benefits Business corporation doing Enterprise Stockholders zone

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Do stockholders of a corporation doing business in an Enterprise Zone receive any benefits?

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Yes! Individuals may claim a 100% subtraction modification for dividends received from a corporation that conducts substantially all of its business operations in an Illinois Enterprise Zone or Zones. See Illinois Department of Revenue Schedule 1299-A Tax Subtraction’s and Credits for details. Back to top.