World Fuel Services Corp. v. Florida Department of Revenue

This is an appeal of a summary judgment in which the trial court ruled that paragraph 220.13(l)(b), Florida Statutes (2000), is constitutional. The trial court rejected the claim of World Fuel Services Corporation (“World Fuel”) that Florida’s subtraction of foreign dividends from World Fuel’s corporate income discriminated against foreign commerce.

This controversy stems from an assessment by the Florida Department of Revenue of tax deficiencies against World Fuel for the tax years ending March 31, 2001, March 31, 2002, and December 31, 2002. After exhausting administrative remedies within…