year in which the taxable year begins determined by substituting calendar year 2008 for calendar year 1992 in subparagraph (B) thereof and inserting section 1(c)(2)(A) for the calendar year in which the taxable year begins determined by substituting calendar year 2008 for calendar year 2016 in clause (ii) thereof . (2) Section 32(j)(1)(B) is amended— (A) in the matter preceding clause (i), by striking section 1(f)(3) and inserting section 1(c)(2)(A) , (B) in clause (i), by striking for calendar year 1992 in subparagraph (B) thereof and inserting for calendar year 2016 in clause (ii) thereof , and (C) in clause (ii), by striking for calendar year 1992 in subparagraph (B) of such section 1 and inserting for calendar year 2016 in clause (ii) thereof . (3) Section 36B(b)(3)(A)(ii)(II) is amended by striking consumer price index and inserting C-CPI-U (as defined in section 1(c)) . (4) Section 41(e)(5)(C) is amended to read as follows: (C) Cost-of-living adjustment defined (i) In general The cost-of-living adjustment for any calendar year is the cost-of-living adjustment for such calendar year determined under section 1(c)(2)(A), by substituting calendar year 1987 for calendar year 2016 in clause (ii) thereof. (ii) Special rule where base period ends in a calendar year other than 1983 or 1984 If the base period of any taxpayer does not end in 1983 or 1984, clause (i) shall be applied by substituting the calendar year in which such base period ends for 1987. . (5) Section 42(e)(3)(D)(ii) is amended by striking section 1(f)(3) for such calendar year by substituting calendar year 2008 for calendar year 1992 in subparagraph (B) thereof and inserting section 1(c)(2)(A) for such calendar year by substituting calendar year 2008 for calendar year 2016 in clause (ii) thereof . (6) Section 42(h)(3)(H)(i)(II) is amended by striking section 1(f)(3) for such calendar year by substituting calendar year 2001 for calendar year 1992 in subparagraph (B) thereof and inserting section 1(c)(2)(A) for such calendar year by substituting