and inserting section 55(b)(1) in lieu of the highest rate of tax specified in section 1 , and (ii) in paragraph (2), by striking means and all that follows and inserting means the amount determined under the first sentence of section 55(b)(1). . (C) Section 897(a)(2)(A) is amended by striking section 55(b)(1)(A) and inserting section 55(b)(1) . (D) Section 911(f) is amended— (i) in paragraph (1)(B)— (I) by striking section 55(b)(1)(A)(ii) and inserting section 55(b)(1)(B) , and (II) by striking section 55(b)(1)(A)(i) and inserting section 55(b)(1)(A) , and (ii) in paragraph (2)(B), by striking section 55(b)(1)(A)(ii) each place it appears and inserting section 55(b)(1)(B) . (3) Section 55(c)(1) is amended by striking , the section 936 credit allowable under section 27(b), and the Puerto Rico economic activity credit under section 30A . (4) Section 55(d) is amended— (A) by striking paragraph (2) and redesignating paragraphs (3) and (4) as paragraphs (2) and (3), respectively, (B) in paragraph (2) (as so redesignated), by inserting and at the end of subparagraph (B), by striking , and at the end of subparagraph (C) and inserting a period, and by striking subparagraph (D), and (C) in paragraph (3) (as so redesignated)— (i) by striking (b)(1)(A)(i) in subparagraph (B)(i) and inserting (b)(1)(A) , and (ii) by striking paragraph (3) in subparagraph (B)(iii) and inserting paragraph (2) . (5) Section 55 is amended by striking subsection (e). (6) (A) Section 56 is amended by striking subsections (c) and (g). (B) Section 847 is amended by striking the last sentence of paragraph (9). (C) Section 848 is amended by striking subsection (i). (7) Section 58(a) is amended by striking paragraph (3) and redesignating paragraph (4) as paragraph (3). (8) Section 59 is amended by striking subsections (b) and (f). (9) Section 11(d) is amended by striking the taxes imposed by subsection (a) and section 55 and inserting the tax imposed by subsection (a) . (10) Section 12 is amended by striking paragraph (7). (11) Section 168(k) is