Notice2024-00871
BE-11: Annual Survey of U.S. Direct Investment Abroad
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 18, 2024
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 Annual Survey of U.S. Direct Investment Abroad (BE-11). The data collected on the BE-11 survey are needed to measure the size and economic significance of U.S. direct investment abroad and its impact on the U.S. and foreign economies. This survey is authorized by the International Investment and Trade in Services Survey Act.
Full Text
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<title>Federal Register, Volume 89 Issue 12 (Thursday, January 18, 2024)</title>
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[Federal Register Volume 89, Number 12 (Thursday, January 18, 2024)]
[Notices]
[Pages 3371-3372]
From the Federal Register Online via the Government Publishing Office [<a href="http://www.gpo.gov">www.gpo.gov</a>]
[FR Doc No: 2024-00871]
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DEPARTMENT OF COMMERCE
Bureau of Economic Analysis
[Docket No. 240111-0005]
RIN 0691-XC143
BE-11: Annual Survey of U.S. Direct Investment Abroad
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
[[Page 3372]]
of Commerce, is informing the public that it is conducting the
mandatory survey titled Annual Survey of U.S. Direct Investment Abroad
(BE-11). The data collected on the BE-11 survey are needed to measure
the size and economic significance of U.S. direct investment abroad and
its impact on the U.S. and foreign economies. This survey is authorized
by the International Investment and Trade in Services Survey Act.
FOR FURTHER INFORMATION CONTACT: Kirsten Brew, Chief, Multinational
Operations Branch (BE-49), via phone at (301) 278-9152 or via email at
<a href="/cdn-cgi/l/email-protection#4b002239383f2e256509392e3c0b292e2a652c243d"><span class="__cf_email__" data-cfemail="3e75574c4d4a5b50107c4c5b497e5c5b5f10595148">[email protected]</span></a>.
SUPPLEMENTARY INFORMATION: Through this Notice, BEA publishes the
reporting requirements for the BE-11 survey form. As noted below, all
U.S. persons required to respond to this mandatory survey will be
contacted by BEA. A completed report covering the U.S. person's fiscal
year ending during the previous calendar year is due by May 31. 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-11 survey forms and
instructions are available at <a href="http://www.bea.gov/dia">www.bea.gov/dia</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. person
that has a direct and/or indirect ownership interest of at least 10
percent of the voting stock in an incorporated foreign business
enterprise, or an equivalent interest in an unincorporated foreign
business enterprise, and that meets the additional conditions detailed
in Form BE-11.
(b) U.S. persons required to report will be contacted individually
by BEA. U.S. persons not contacted by BEA have no reporting
responsibilities.
What To Report: The survey collects information on the operations
of U.S. parent companies and their foreign affiliates.
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 forms and
instructions, which contain complete information on reporting
procedures and definitions, can be downloaded from <a href="http://www.bea.gov/dia">www.bea.gov/dia</a> and
submitted through mail or fax. Form BE-11 inquiries can be made by
phone to BEA at (301) 278-9418 or by sending an email to <a href="/cdn-cgi/l/email-protection#bbd9de8a8b948a8afbd9deda95dcd4cd">be10/<span class="__cf_email__" data-cfemail="251414654740440b424a53">[email protected]</span></a>.
When To Report: A completed report covering a U.S. person's fiscal
year ending during the previous calendar year is due by May 31.
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 0608-0053. 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.
A complete response includes one BE-11A form (with an estimated average
reporting burden of 7 hours) for reporting domestic operations and one
or more BE-11B (12 hours), BE-11C (2 hours), or BE-10D (1 hour) forms
for reporting foreign operations. Public reporting burden for this
collection of information is estimated to average a total of 90.5 hours
per complete 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 Kirsten Brew, Chief,
Multinational Operations Branch (BE-49), via email at
<a href="/cdn-cgi/l/email-protection#e2a98b909196878ccca0908795a2808783cc858d94"><span class="__cf_email__" data-cfemail="e7ac8e9594938289c9a5958290a7858286c9808891">[email protected]</span></a>; and to the Office of Management and Budget,
Paperwork Reduction Project 0608-0053, via email at
<a href="/cdn-cgi/l/email-protection#84cbcdd6c5dbd7f1e6e9edf7f7edebeac4ebe9e6aae1ebf4aae3ebf2"><span class="__cf_email__" data-cfemail="a8e7e1fae9f7fbddcac5c1dbdbc1c7c6e8c7c5ca86cdc7d886cfc7de">[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. 2024-00871 Filed 1-17-24; 8:45 am]
BILLING CODE 3510-06-P
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