BE-15: Annual Survey of Foreign Direct Investment in the United States

Published date27 January 2020
Citation85 FR 4626
Record Number2020-01244
SectionNotices
CourtEconomic Analysis Bureau
Federal Register, Volume 85 Issue 17 (Monday, January 27, 2020)
[Federal Register Volume 85, Number 17 (Monday, January 27, 2020)]
                [Notices]
                [Page 4626]
                From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
                [FR Doc No: 2020-01244]
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                DEPARTMENT OF COMMERCE
                Bureau of Economic Analysis
                [Docket No. 190329301-9301-01]
                RIN 0691-XC092
                BE-15: Annual Survey of Foreign Direct Investment in the United
                States
                AGENCY: Bureau of Economic Analysis, Commerce.
                ACTION: Notice of reporting requirements.
                -----------------------------------------------------------------------
                SUMMARY: By this Notice, the Bureau of Economic Analysis (BEA),
                Department of Commerce, is informing the public that it is conducting
                the mandatory survey titled Annual Survey of Foreign Direct Investment
                in the United States (BE-15). The data collected on the BE-15 survey
                are needed to measure the size and economic significance of foreign
                direct investment in the United States and its impact on the U.S.
                economy. This survey is authorized by the International Investment and
                Trade in Services Survey Act.
                FOR FURTHER INFORMATION CONTACT: Ricardo Lim[eacute]s, Chief,
                Multinational Operations Branch (BE-49), Bureau of Economic Analysis,
                U.S. Department of Commerce, 4600 Silver Hill Road, Washington, DC
                20233; phone (301) 278-9659; or via email at [email protected].
                SUPPLEMENTARY INFORMATION: Through this Notice, BEA publishes the
                reporting requirements for the BE-15 survey form. As noted below, all
                entities required to respond to this mandatory survey will be contacted
                by BEA. A completed report covering the entity's fiscal year ending
                during the previous calendar year is due by May 31, 2020 (or by June 30
                for reporting companies that use BEA's eFile system). This Notice is
                being issued in conformance with the rule BEA issued on April 24, 2012
                (77 FR 24373), establishing guidelines for collecting data on
                international trade in services and direct investment through notices,
                rather than through rulemaking. Additional information about BEA's
                collection of data on international trade in services and direct
                investment can be found in the 2012 rule, the International Investment
                and Trade in Services Survey Act (22 U.S.C. 3101 et seq.), and 15 CFR
                part 801. Survey data on international trade in services and direct
                investment that are not collected pursuant to the 2012 rule are
                described separately in 15 CFR part 801. The BE-15 survey forms and
                instructions are available at www.bea.gov/fdi.
                Reporting
                 Notice of specific reporting requirements, including who is to
                report, the information to be reported, the manner of reporting, and
                the time and place of filing reports, will be mailed to those required
                to complete this survey.
                 Who Must Report: (a) Reports are required from each U.S. business
                enterprise in which a foreign person has a direct and/or indirect
                ownership interest of at least 10 percent of the voting stock in an
                incorporated U.S. business enterprise, or an equivalent interest in an
                unincorporated U.S. business enterprise, and that meets the additional
                conditions detailed in Form BE-15.
                 (b) Entities required to report will be contacted individually by
                BEA. Entities not contacted by BEA have no reporting responsibilities.
                 What To Report: The survey collects information on the operations
                of U.S. affiliates of foreign companies.
                 How To Report: Reports can be filed using BEA's electronic
                reporting system at www.bea.gov/efile. Copies of the survey forms and
                instructions, which contain complete information on reporting
                procedures and definitions, can be downloaded from www.bea.gov/fdi and
                submitted through mail or fax. Form BE-15 inquiries can be made by
                phone to BEA at (301) 278-9247 or by sending an email to be12/[email protected].
                 When To Report: A completed report covering an entity's fiscal year
                ending during the previous calendar year is due by May 31, 2020 (or by
                June 30 for reporting companies that use BEA's eFile system).
                Paperwork Reduction Act Notice
                 This data collection has been approved by the Office of Management
                and Budget (OMB) in accordance with the Paperwork Reduction Act and
                assigned control number 0608-0034. An agency may not conduct or
                sponsor, and a person is not required to respond to, a collection of
                information unless it displays a valid control number assigned by OMB.
                Public reporting burden for this collection of information is estimated
                to average 19.7 hours per response. Additional information regarding
                this burden estimate may be viewed at www.reginfo.gov; under the
                Information Collection Review tab, click on ``Search'' and use the
                above OMB control number to search for the current survey instrument.
                Send comments regarding this burden estimate to Director, Bureau of
                Economic Analysis (BE-1), U.S. Department of Commerce, 4600 Silver Hill
                Rd., Washington, DC 20233; and to the Office of Management and Budget,
                Paperwork Reduction Project 0608-0034, 725 17th Street NW, Washington,
                DC 20503, or via email at [email protected].
                 Authority: 22 U.S.C. 3101-3108.
                Paul W. Farello,
                Associate Director for International Economics, Bureau of Economic
                Analysis.
                [FR Doc. 2020-01244 Filed 1-24-20; 8:45 am]
                BILLING CODE 3510-06-P
                

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