418 
any item not directly connected with a trans-
action for which information is required under 
subparagraph (A). 
‘‘(2) CERTAIN PAYMENTS FROM RELATED DOMES-
TIC CORPORATIONS.— 
‘‘(A) IN GENERAL.—In the case of any re-
porting corporation that receives during the tax-
able year any amount to which section 882(g)(1) 
applies, the information described in this sub-
section shall include, with respect to each mem-
ber of the international financial reporting 
group from which any such amount is received— 
‘‘(i) the name and taxpayer identifica-
tion number of such member, 
‘‘(ii) the aggregate amounts received 
from such member, 
‘‘(iii) the product lines to which such 
amounts relate, the aggregate amounts re-
lating to each such product line, and the net 
income ratio for each such product line (de-
termined under section 882(g)(3)(B) with 
respect to the international financial report-
ing group), and 
‘‘(iv) a summary of any changes in fi-
nancial accounting methods that affect the 
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419 
computation of any net income ratio de-
scribed in clause (iii). 
‘‘(B) DEFINITIONS AND SPECIAL RULES.— 
Terms used in this paragraph that are also used 
in section 882(g) shall have the same meaning as 
when used in such section and rules similar to 
the rules of paragraphs (5) and (6) of such sec-
tion shall apply for purposes of this para-
graph.’’. 
(2) REPORTING
BY
DOMESTIC
GROUP
MEM-
BERS.— 
(A) IN GENERAL .—Subpart A of part III 
of subchapter A of chapter 61 is amended by in-
serting after section 6038D the following new 
section: 
‘‘SEC. 6038E. INFORMATION WITH RESPECT TO CERTAIN 
PAYMENTS FROM DOMESTIC CORPORATIONS 
TO RELATED FOREIGN CORPORATIONS. 
‘‘(a) IN GENERAL.—In the case of any domestic cor-
poration which pays or incurs any amount to which section 
882(g)(1) applies, such person shall— 
‘‘(1) make a return according to the forms and 
regulations prescribed the Secretary, setting forth the 
information described in subsection (b), and 
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‘‘(2) maintain (at the location, in the manner, 
and to the extent prescribed in regulations) such 
records as may be appropriate to determine liability 
for tax pursuant to paragraphs (1) and (7) of section 
882(g). 
‘‘(b) REQUIRED INFORMATION.—The information de-
scribed in this subsection is— 
‘‘(1) the name and taxpayer identification num-
ber of the common parent of the international finan-
cial reporting group in which such domestic corpora-
tion is a member, and 
‘‘(2) with respect to any person who receives an 
amount described in subsection (a) from such domes-
tic corporation— 
‘‘(A) the name and taxpayer identification 
number of such person, 
‘‘(B) the aggregate amounts received by such 
person, 
‘‘(C) the product lines to which such 
amounts relate, the aggregate amounts relating 
to each such product line, and the net income 
ratio for each such product line (determined 
under section 882(g)(3)(B) with respect to the 
international financial reporting group), and 
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‘‘(D) a summary of any changes in finan-
cial accounting methods that affect the computa-
tion of any net income ratios described in sub-
paragraph (C). 
‘‘(c) DEFINITIONS AND SPECIAL RULES.—Terms used 
in this paragraph that are also used in section 882(g) shall 
have the same meaning as when used in such section and 
rules similar to the rules of paragraphs (5) and (6) of such 
section shall apply for purposes of this paragraph.’’. 
(B) CLERICAL AMENDMENT.—The table of 
sections for subpart A of part III of subchapter 
A of chapter 61 is amended by inserting after the 
item relating to section 6038D the following new 
item: 
‘‘Sec. 6038E. Information with respect to certain payments from domestic cor-
porations to related foreign corporations.’’. 
(d) EFFECTIVE DATE.—The amendments made by this 
section shall apply to amounts paid or incurred after De-
cember 31, 2018. 
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422 
Subtitle E—Provisions Related to 
Possessions of the United States 
SEC. 4401. EXTENSION OF DEDUCTION ALLOWABLE WITH 
RESPECT TO INCOME ATTRIBUTABLE TO DO-
MESTIC PRODUCTION ACTIVITIES IN PUERTO 
RICO. 
(a) IN GENERAL.—Section 199(d)(8)(C), prior to its 
repeal by this Act, is amended— 
(1) by striking ‘‘first 11 taxable years’’ and in-
serting ‘‘first 12 taxable years’’, and 
(2) by striking ‘‘January 1, 2017’’ and inserting 
‘‘January 1, 2018’’. 
(b) EFFECTIVE DATE.—The amendments made by this 
section shall apply to taxable years beginning after Decem-
ber 31, 2016. 
SEC. 4402. EXTENSION OF TEMPORARY INCREASE IN LIMIT 
ON COVER OVER OF RUM EXCISE TAXES TO 
PUERTO RICO AND THE VIRGIN ISLANDS. 
(a) IN GENERAL.—Section 7652(f)(1) is amended by 
striking ‘‘January 1, 2017’’ and inserting ‘‘January 1, 
2023’’. 
(b) EFFECTIVE DATE.—The amendment made by this 
section shall apply to distilled spirits brought into the 
United States after December 31, 2016. 
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423 
SEC. 4403. EXTENSION OF AMERICAN SAMOA ECONOMIC DE-
VELOPMENT CREDIT. 
(a) IN GENERAL.—Section 119(d) of division A of the 
Tax Relief and Health Care Act of 2006 is amended— 
(1) by striking ‘‘January 1, 2017’’ each place it 
appears and inserting ‘‘January 1, 2023’’, 
(2) by striking ‘‘first 11 taxable years’’ in para-
graph (1) and inserting ‘‘first 17 taxable years’’, and 
(3) by striking ‘‘first 5 taxable years’’ in para-
graph (2) and inserting ‘‘first 11 taxable years’’. 
(b) TREATMENT OF CERTAIN REFERENCES.—Section 
119(e) of division A of the Tax Relief and Health Care Act 
of 2006 is amended by adding at the end the following: 
‘‘References in this subsection to section 199 of the Internal 
Revenue Code of 1986 shall be treated as references to such 
section as in effect before its repeal by the Tax Cuts and 
Jobs Act.’’. 
(c) EFFECTIVE DATE.—The amendments made by this 
section shall apply to taxable years beginning after Decem-
ber 31, 2016. 
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