Notice2023-01940
BE-605: Quarterly Survey of Foreign Direct Investment in the United States-Transactions of U.S. Affiliate With Foreign Parent
Primary source
Metadata and text below are from the Federal Register, a public-domain U.S. government work. Always verify the official published version before relying on it for any legal matter.
Published
January 31, 2023
Issuing agencies
Commerce DepartmentEconomic Analysis Bureau
Abstract
By this Notice, the Bureau of Economic Analysis (BEA), Department of Commerce, is informing the public that it is conducting the mandatory survey titled Quarterly Survey of Foreign Direct Investment in the United States--Transactions of U.S. Affiliate with Foreign Parent (BE-605). The data collected on the BE-605 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.
Full Text
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<title>Federal Register, Volume 88 Issue 20 (Tuesday, January 31, 2023)</title>
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[Federal Register Volume 88, Number 20 (Tuesday, January 31, 2023)]
[Notices]
[Pages 6228-6229]
From the Federal Register Online via the Government Publishing Office [<a href="http://www.gpo.gov">www.gpo.gov</a>]
[FR Doc No: 2023-01940]
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DEPARTMENT OF COMMERCE
Bureau of Economic Analysis
[Docket No. 230120-0022]
RIN 0691-XC141
BE-605: Quarterly Survey of Foreign Direct Investment in the
United States--Transactions of U.S. Affiliate With Foreign Parent
AGENCY: Bureau of Economic Analysis, Commerce.
ACTION: Notice of reporting requirements.
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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 Quarterly Survey of Foreign Direct
Investment in the United States--Transactions of U.S. Affiliate with
Foreign Parent (BE-605). The data collected on the BE-605 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 Limes, Chief, Direct
Transactions and Positions Branch (BE-49), via phone (301) 278-9659 or
via email at <a href="/cdn-cgi/l/email-protection#88dae1ebe9faece7a6c4e1e5edfbc8eaede9a6efe7fe"><span class="__cf_email__" data-cfemail="1f4d767c7e6d7b70315376727a6c5f7d7a7e31787069">[email protected]</span></a>.
SUPPLEMENTARY INFORMATION: Through this Notice, BEA publishes the
reporting requirements for the BE-605 survey form. As noted below, all
U.S. persons required to respond to this mandatory survey will be
contacted by BEA. Persons must submit the completed survey forms within
30 days after the end of each calendar or fiscal quarter, or within 45
days if the report is for the final quarter of the financial reporting
year. 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-605
survey forms and instructions are available at <a href="http://www.bea.gov/fdi">www.bea.gov/fdi</a>.
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 business enterprise, or an equivalent interest in an
unincorporated business enterprise, and that meets the additional
conditions detailed in Form BE-605.
(b) Persons required to report will be contacted individually by
BEA. Persons not contacted by BEA have no reporting responsibilities.
What To Report: The survey collects information on transactions
between parent companies and their affiliates and on direct investment
positions (stocks).
How To Report: Reports can be filed using BEA's electronic
reporting system at <a href="http://www.bea.gov/efile">www.bea.gov/efile</a>. Copies of the survey form and
instructions, which contain complete information on reporting
procedures and definitions, can be downloaded from <a href="http://www.bea.gov/fdi">www.bea.gov/fdi</a> and
submitted through mail or fax. Form BE-605 inquiries can be made by
phone to BEA at (301) 278-9422 or by sending an email to <a href="/cdn-cgi/l/email-protection#e48681d2d4d1a4868185ca838b92"><span class="__cf_email__" data-cfemail="8ceee9babcb9cceee9eda2ebe3fa">[email protected]</span></a>.
When To Report: Reports are due to BEA 30 days after the close of
each calendar or fiscal quarter, or 45 days if the report is for the
final quarter of the financial reporting year.
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 0608-0009. 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 1 hour per
[[Page 6229]]
response. Additional information regarding this burden estimate may be
viewed at <a href="http://www.reginfo.gov">www.reginfo.gov</a>; 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 Ricardo Limes, Chief, Direct Transactions and Positions
Branch (BE-49), via email at <a href="/cdn-cgi/l/email-protection#90c2f9f3f1e2f4ffbedcf9fdf5e3d0f2f5f1bef7ffe6"><span class="__cf_email__" data-cfemail="75271c161407111a5b391c181006351710145b121a03">[email protected]</span></a>; and to the Office
of Management and Budget, Paperwork Reduction Project 0608-0009, via
email at <a href="/cdn-cgi/l/email-protection#db9492899a8488aeb9b6b2a8a8b2b4b59bb4b6b9f5beb4abf5bcb4ad"><span class="__cf_email__" data-cfemail="cf80869d8e909cbaada2a6bcbca6a0a18fa0a2ade1aaa0bfe1a8a0b9">[email protected]</span></a>.
Authority: 22 U.S.C. 3101-3108.
Paul W. Farello,
Associate Director for International Economics, Bureau of Economic
Analysis.
[FR Doc. 2023-01940 Filed 1-30-23; 8:45 am]
BILLING CODE 3510-06-P
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