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COLGATE-PALMOLIVE CO. v. FLA. DEPT. OF REVENUE

No. 1D07-1051.

988 So.2d 1212 (2008)

COLGATE-PALMOLIVE COMPANY, Appellant, v. FLORIDA DEPARTMENT OF REVENUE, Appellee.

District Court of Appeal of Florida, First District.

August 20, 2008.

Attorney(s) appearing for the Case

Joseph C. Moffa of Law Offices of Moffa & Gainor, P.A., Ft. Lauderdale, for Appellant.

Bill McCollum, Attorney General, and J. Clifton Cox, Assistant Attorney General, Tallahassee, for Appellee.

ON MOTION FOR REHEARING

WOLF, J.

We deny appellant's motion for rehearing, but we withdraw this court's previous opinion and substitute the corrected opinion to correct a sentence, which appears on page 7 of the original opinion. The corrected sentence reads as follows:

Unlike Iowa, Florida does allow a business to subtract its foreign tax credit dividends from its income calculation while limiting the credit...

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