1. Repeal of withholding and reporting with respect to certain foreign accounts (a) In general The Internal Revenue Code of 1986 is amended by striking chapter 4. (b) Conforming amendments for rules for electronically filed returns Section 6011(e)(4) of such Code is amended— (1) by inserting , as in effect on January 1, 2017 after (as defined in section 1471(d)(5) ; and (2) by striking or 1474(a) . (c) Conforming amendment related To substitute dividends Section 871(m) of such Code is amended by striking chapters 3 and 4 both places it appears and inserting chapter 3 . (d) Other Conforming amendments (1) Section 6414 of such Code is amended by striking or 4 . (2) Paragraph (1) of section 6501(b) of such Code is amended by striking 4, . (3) Paragraph (2) of section 6501(b) of such Code is amended— (A) by striking 4, ; and (B) by striking and witholding taxes in the heading and inserting taxes and tax imposed by chapter 3 . (4) Paragraph (3) of section 6513(b) of such Code is amended— (A) by striking or 4