; and (ii) by striking subsection (a) and (b) of section 245, and 250 and inserting and subsection (a) and (b) of section 245 . (D) Section 469(i)(3)(E)(iii) is amended by striking , 221, and 250 and inserting and 221 . (f) Repeal of certain exclusions from the determination of tested income Section 951A(c)(2)(A)(i) is amended— (1) by striking subclauses (III) and (V), (2) by redesignating subclause (IV) as subclause (III), (3) by adding and at the end of subclause (II), and (4) by striking and at the end of subclause (III) (as so redesignated) and inserting over . (g) Increase in deemed paid credit for taxes properly attributable to tested income (1) In general Section 960(d) is amended by striking 80 percent of . (2) Conforming amendment Section 78 is amended by striking (determined without regard to the phrase “80 percent of” in subsection (d)(1) thereof) . (h) Repeal of high tax exclusion for foreign base company income and insurance income (1) In general Section 954(b) is amended by striking paragraph (4). (2) Conforming amendment Section 904(d)(3)(E) is amended by striking the last sentence. (i) Elimination of carryback of foreign tax credit (1) In general Section 904(c) is amended— (A) by striking in the first preceding taxable year and in any of the first 10 succeeding taxable years, in that order and inserting in any of the first 10 succeeding taxable years, in order , (B) by striking preceding or each place it appears, and (C) by striking Carryback and in the heading thereof. (2) Application to limitation on foreign oil and gas taxes Section 907(f) is amended— (A) in paragraph (1), by striking in the first preceding taxable year and , (B) in paragraph (2), by striking preceding or in the matter preceding subparagraph (A), (C) in paragraph (3)(B)— (i) by striking in a preceding or succeeding and inserting in a succeeding , and (ii) by striking in such preceding or succeeding both places it appears and inserting in such succeeding , and (D) in the heading, by striking Carryback and . (j) Treatment of