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(5) Where a shareholder's proportionate stock interest in the small business corporation is reduced, such shareholder is deemed to have disposed of some or all of the qualified property for purposes of recapture of all or a portion of the investment credit claimed pursuant to paragraph (i)(1) of this section. The amount of investment credit to be added back pursuant to paragraph (i)(1) of this section is the difference between the investment credit taken by the shareholder, less any previous add-backs of investment credit previously required to be added back pursuant to this paragraph, and the investment credit which would have been allowed to such shareholder based on such shareholder's recomputed stock interest in the small business corporation. In no event may the aggregate add-backs required by this paragraph exceed the investment credit claimed by the shareholder. There is no add-back of investment credit required under this paragraph if the reduction in the shareholder's stock interest occurs after the qualified property for which the investment credit was claimed is disposed of or ceases to be in qualified use:
(i) in the case of qualified property which is depreciable pursuant to section 167 of the Internal Revenue Code, after such property has been in qualified use for more than 12 consecutive years or after the end of such property's useful life;
(ii) in the case of three-year property (as defined in section 168[c][2] of the Internal Revenue Code) for which a recovery deduction is allowable under section 168 of the Internal Revenue Code, after 36 months;
(iii) in the case of 5-year property, 10-year property and 15-year real property (as defined in section 168[c][2] of the Internal Revenue Code), other than a building or a structural component of a building, for which a recovery deduction is allowable under section 168 of the Internal Revenue Code, after 60 months; and
(iv) in the case of recovery property which is a building or a structural component of a building, for which a recovery deduction is allowable under section 168 of the Internal Revenue Code, after such property has been in qualified use for more than 12 consecutive years, or after the end of the total number of months over which the taxpayer chose to deduct the property under section 168 of the Internal Revenue Code.