Corporations
In the case of a corporation—
(i)#
the first sentence of paragraph (1) shall be applied by substituting “25 percent of the taxpayer’s net income tax as exceeds $25,000” for “the greater of” and all that follows,
(ii)#
paragraph (2)(A) shall be applied without regard to clause (ii)(I) thereof, and
(iii)#
paragraph (4)(A) shall be applied without regard to clause (ii)(I) thereof.