Subsection (a)(2) shall not apply to any corporation operating a passenger airline if— (A) the corporation is organized in a foreign country the residents of which are not eligible for a reduced rate of tax or an exemption from tax under section 881 or 882, and (B) such foreign country has fewer than 2 arrivals and departures, per week, from passenger airline carriers which— (i) are organized under the laws of the United States or any State, and (ii) have annual gross operational revenues of more than $1,000,000,000. For purposes of subparagraph (B), an aircraft that lands in one country and subsequently departs from that country shall be treated as having engaged in 1 arrival and departure. (2) Inflation adjustment In the case of any calendar year beginning after 2018, the dollar amount in subparagraph (A)(ii) shall be increased by an amount equal to— (A) such dollar amount, multiplied by (B) the cost-of-living adjustment determined under section 1(f)(3) for the calendar year, determined by substituting calendar year 2017 for calendar year 2016 in subparagraph (A)(ii) thereof. Any increase determined under the preceding sentence shall be rounded to the nearest multiple of $1,000,000. . (b) Effective date The amendments made by this section shall apply to taxable years beginning after December 31, 2017. E Revenue dependent proposals 15001. Repeal of increased limitation on net operating losses Section 172(a)(2), as amended by section 13302, is amended by striking (80 percent, in the case of taxable years beginning after December 31, 2022) . 15002. Repeal of limitation on deduction for meals provided at the convenience of the employer Section 274, as amended by section 13304, is amended by striking subsection (o) and redesignating subsection (p) as subsection (o). 15003. Repeal of reduced deduction for global intangible low-taxed income and foreign-derived intangible income Section 250(a), as added by section 14202, is amended by striking paragraph (3). 15004. Repeal of modifications to the base erosion and