PUBLIC LAW 101-508 —NOV. 5, 1990 104 STAT. 1388-455 determined by reference to an amount other than taxable income, such amount shall be treated as the taxable income of such taxpayer for purposes of this paragraph." (b) CONFORMING AMENDMENTS. — (1) Paragraph (3) of section 6662(b) is amended to read as follows: "(3) Any substantial valuation misstatement under chapter 1." (2) Subparagraph (A) of section 6662(h)(2) is amended to read as follows: "(A) any substantial valuation misstatement under chapter 1 as determined under subsection (e) by substituting— "(i) '400 percent' for '200 percent' each place it appears, "(ii) '25 percent' for '50 percent', and "(iii) '$20,000,000' for '$10,000,000 ',". (c) EFFECTIVE DATE.—The amendments made by this section shall 26 USC 6662 apply to taxable years ending after the date of the enactment of this ^°^- Act. SEC. 11313. TREATMENT OF PERSONS PROVIDING SERVICES. (a) GENERAL RULE. —Subsection (n) of section 6103 (relating to certain other persons) is amended— (1) by striking "and the programming" and inserting "the programming", and (2) by inserting after "of equipment," the following "and the providing of other services,". (b) EFFECTIVE DATE.—The amendment made by subsection (a) 26 USC 6103 shall take effect on the date of the enactment of this Act. "o*®- SEC. 11314. APPLICATION OF AMENDMENTS MADE BY SECTION 7403 OF 26 USC 6038A REVENUE RECONCILIATION ACT OF 1989 TO TAXABLE note. YEARS BEGINNING ON OR BEFORE JULY 10, 1989. (a) GENERAL RULE. —The amendments made by section 7403 of the Revenue Reconciliation Act of 1989 shall apply to— (1) any requirement to furnish information under section 6038A(a) of the Internal Revenue Code of 1986 (as amended by such section 7403) if the time for furnishing such information under such section is after the date of the enactment of this Act, (2) any requirement under such section 6038A(a) to maintain records which were in existence on or after March 20, 1990, (3) any requirement to authorize a corporation to act as a limited agent under section 6038A(e)(l) of such Code (as so amended) if the time for authorizing such action is after the date of the enactment of this Act, and (4) any summons issued after such date of enactment, without r^ard to when the taxable year (to which the information, records, authorization, or summons relates) began. Such amendments shall also apply in any case to which they would apply without regard to this section. (b) CONTINUATION OF OLD FAILURES.—In the case of any failure with respect to a taxable year beginning on or before July 10, 1989, which first occurs on or before the date of the enactment of this Act but which continues after such date of enactment, section 6038A(d)(2) of the Internal Revenue Code of 1986 (as amended by subsection (c) of such section 7403) shall apply for purposes of determining the amount of the penalty imposed for 30-day periods
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