The United States Supreme Court has held that a state taxing scheme, which treated corporate dividends received from foreign subsidiaries less favorably than those. received from domestic subsidiaries, facially discriminated against foreign commerce in violation of the Foreign Commerce Clause.
Kraft General Foods, Inc. v Iowa Department of Revenue and Finance, ___ US ___ , 112 S Ct 2365 (1992).
Michael W. Gleba,
Dividends - Foreign Commerce Clause - Parent and Subsidiary Corporations - State Taxes,
Duq. L. Rev.
Available at: https://dsc.duq.edu/dlr/vol31/iss4/10