foreign country— (I) with respect to the 1-year period beginning on the applicable date with respect to such foreign country, 5 percentage points, (II) with respect to the 1-year period beginning with the close of the period described in subclause (I), 10 percentage points, (III) with respect to the 1-year period beginning with the close of the period described in subclause (II), 15 percentage points, and (IV) with respect to any time after the close of the period described in subclause (III), 20 percentage points. (ii) Application to taxable years For purposes of subparagraph (A), the applicable number of percentage points shall be determined with respect to the date on which the taxable year begins. (iii) Application to withholding taxes For purposes of subparagraph (B), the applicable number of percentage points shall be determined with respect to the date of the payment or disposition, as the case may be. (F) Effect of permanent repeal or termination of extraterritorial and discriminatory taxes If the Secretary determines under subsection (a)(2)(B)(ii) that any foreign country no longer has any extraterritorial or discriminatory taxes, then in the case of any taxable year beginning, or payment or disposition made, after the date of the submission of the report which includes such determination, this section shall be applied with respect to such foreign country by not taking into account any report submitted before such date. (2) Other remedies (A) Procurement (i) In general The President may prohibit the Federal Government from procuring, or entering into any contract for the procurement of, goods or services from applicable persons during the period beginning on the applicable date and ending on the date of any determination described in paragraph (1)(F) by the Secretary with respect to such foreign country. (ii) Congressional notification If the President takes any action described in clause (i), the President shall, not later than 30 days after the date of such action, notify the appropriate committees of