(a) The tax imposed by this article shall be based upon corporate net worth according to the following table:

Corporations with Net Worth Amount

Including Issued Capital Stock, of Tax

Paid-in Surplus, and Earned Surplus

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Over $100,000.00 and not exceeding $150,000.00 $ 125.00

Over $150,000.00 and not exceeding $200,000.00 150.00

Over $200,000.00 and not exceeding $300,000.00 200.00

Over $300,000.00 and not exceeding $500,000.00 250.00

Over $500,000.00 and not exceeding $750,000.00 300.00

Over $750,000.00 and not exceeding $1,000,000.00 500.00

Over $1,000,000.00 and not exceeding $2,000,000.00 750.00

Over $2,000,000.00 and not exceeding $4,000,000.00 1,000.00

Over $4,000,000.00 and not exceeding $6,000,000.00 1,250.00

Over $6,000,000.00 and not exceeding $8,000,000.00 1,500.00

Over $8,000,000.00 and not exceeding $10,000,000.00 1,750.00

Over $10,000,000.00 and not exceeding $12,000,000.00 2,000.00

Over $12,000,000.00 and not exceeding $14,000,000.00 2,500.00

Over $14,000,000.00 and not exceeding $16,000,000.00 3,000.00

Over $16,000,000.00 and not exceeding $18,000,000.00 3,500.00

Over $18,000,000.00 and not exceeding $20,000,000.00 4,000.00

Over $20,000,000.00 and not exceeding $22,000,000.00 4,500.00

Over $22,000,000.00 5,000.00

(b) With respect to any corporation coming into existence or becoming subject to the tax for the first time for an initial taxable period of less than six months, the tax imposed for such period shall be 50 percent of the tax imposed by this article for an entire year.