INFORMATION RETURNS FOR QUALIFIED SUBCHAPTER S SUBSIDIARIES.

SEC. 239. INFORMATION RETURNS FOR QUALIFIED SUBCHAPTER S SUBSIDIARIES.(a) In General.—Section 1361(b)(3)(A) (relating to treatment of certain wholly owned subsidiaries) is amended by inserting “and in the case of information returns required under part III of subchapter A of chapter 61” after “Secretary”.(b) Effective Date.—The amendment made by this section shall apply to taxable years beginning after December 31, 2004.