from subsection (a) with respect to— (A) cases in which the disqualified related party amount is taxed under the laws of a foreign country other than the country of which the related party is a resident for tax purposes, and (B) other cases which the Secretary determines do not present a risk of eroding the Federal tax base, (8) requirements for record keeping and information reporting in addition to any requirements imposed by section 6038A. . (b) Conforming amendment The table of sections for part IX of subchapter B of chapter 1 is amended by inserting after the item relating to section 267 the following new item: Sec. 267A. Certain related party amounts paid or accrued in hybrid transactions or with hybrid entities. . (c) Effective date The amendments made by this section shall apply to taxable years beginning after December 31, 2017. 14224. Termination of special rules for domestic international sales corporations (a) In general Part IV of subchapter N of chapter 1 (relating to domestic international sales corporations) is amended by adding at the end the following new subpart: C Termination Sec. 998. Termination of domestic international sales corporation provisions. 998. Termination of domestic international sales corporation provisions (a) Termination of election Any election under section 992(b) in effect for a corporation’s last taxable year beginning in 2018 shall be terminated effective for such corporation’s next succeeding taxable year. (b) No new election No election may be made under section 992(b) for any taxable year beginning after December 31, 2018. (c) Effect of termination A shareholder of a corporation whose election is terminated by reason of subsection (a) shall be deemed to have received a distribution to which section 995(b)(2) applies for the first taxable year for which the termination is effective. Such distribution (or any actual distribution after termination to the extent paid out of the corporation’s accumulated DISC income) shall not be treated as qualified dividend income