substituting possession intangible low-taxed income amount (as defined in section 30E(d)(2)(B)) for global intangible low-taxed income (as defined in section 951A(b)) in paragraph (2)(A) thereof, and (II) by only taking into account income from the active conduct of a trade or business and from sources (determined under rules similar to the rules of part I of chapter N) within possessions of the United States for purposes of determining the amounts under paragraphs (2)(B) and (3) thereof. (B) Possession intangible low-taxed income amount The possession intangible low-taxed income amount is equal to the amount of global intangible low-taxed income (as defined in section 951A(b)) for the taxable year, determined— (i) by only taking into account income from the active conduct of a trade or business and from sources (determined under rules similar to the rules of part I of chapter N) within possessions of the United States for purposes of determining the tested income and tested loss, and (ii) for purposes of determining the qualified business asset investment, by only taking into account specified tangible property which is predominantly used— (I) in the production of income described in clause (i), and (II) in possessions of the United States. (C) Possession ILTI deduction The possession ILTI deduction is 50 percent (37.5 percent in the case of taxable years beginning after December 31, 2025) of— (i) the possession intangible low-taxed income amount (if any) for such taxable year, and (ii) the amount which would be treated as a dividend under section 78 if only amounts attributable to the amount described in clause (i) were taken into account. Rules similar to the rules of section 250(a)(2) (applied by substituting possession intangible low-taxed income amount (as defined in section 30E(d)(2)(B)) for global intangible low-taxed income amount in subsection (a)(1)(B)(i) for purposes of determining the amount described and taken into account therein) shall apply for purposes of this subparagraph. (3) Global