Show NEW YORK TO HEAVILY TAX FOREIGN corporations albany K Y march 25 the krum bill taxing foreign corporations doing business in the state of new york has passed the senate the bill imposes a tax of one mill upon each dollar of the assets of a corporation having a capital of less alian unless alic dividend exceed four per cent in which case one sixteenth of a mill is added for each per cent of dividend if alie capital stock equals or exceeds it is to be taxed upon the full amount of its capital stock in the following manner A tax at the rate of 1000 oneace million for alio first three million for each additional million to and 50 a million for each additional million |