person required to be shown on such return. (2) Furnishing of information The written statement required under paragraph (1) shall be furnished to the individual on or before January 31 of the year following the calendar year for which the return under subsection (a) was made. (c) Regulations and guidance The Secretary may prescribe such regulations and other guidance as may be appropriate or necessary to carry out the purposes of this section, including rules to prevent duplicative reporting of transactions. (d) Beauty service For purposes of this section, the term beauty service means— (1) barbering and hair care, (2) nail care, (3) esthetics, and (4) body and spa treatments. . (b) Conforming amendments (1) Section 6724(d)(1)(B) is amended by striking or at the end of clause (xxv), by striking and at the end of clause (xxvi) and inserting or , and by inserting after clause (xxvi) the following new clause: (xvii) section 6050X(a) (relating to information reporting with respect to rentals of space for beauty services), and . (2) Paragraph (2) of section 6724(d) is amended— (A) by striking or at the end of subparagraph (II), (B) by striking the period at the end of the first subparagraph (JJ) and inserting a comma, (C) by redesignating the second subparagraph (JJ) as subparagraph (KK), (D) in subparagraph (KK), as redesignated by subparagraph (C), by striking the period at the end and inserting , or , and (E) by inserting after subparagraph (KK) the following new subparagraph: (LL) section 6050Z(b)(1) (relating to statements to providers of beauty services). . (3) The table of sections for subpart B of part III of subchapter A of chapter 61 is amended by adding after the item relating to section 6050Y the following new item: Sec. 6050Z. Returns with respect to income from certain rentals of space for beauty services. . (c) Effective date The amendments made by this section shall apply to calendar years after 2018. 303. Release of Federal tax levies which cause business hardship (a) In general Subparagraph (D) of