Notice2025-03323
BE-577: Quarterly Survey of U.S. Direct Investment Abroad-Transactions of U.S. Reporter With Foreign Affiliate
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
February 28, 2025
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 U.S. Direct Investment Abroad--Transactions of U.S. Reporter with Foreign Affiliate (BE-577). The data collected on the BE-577 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 90 Issue 39 (Friday, February 28, 2025)</title>
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[Federal Register Volume 90, Number 39 (Friday, February 28, 2025)]
[Notices]
[Page 10883]
From the Federal Register Online via the Government Publishing Office [<a href="http://www.gpo.gov">www.gpo.gov</a>]
[FR Doc No: 2025-03323]
[[Page 10883]]
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DEPARTMENT OF COMMERCE
Bureau of Economic Analysis
[Docket No. 250224-0023]
RIN 0691-XC161
BE-577: Quarterly Survey of U.S. Direct Investment Abroad--
Transactions of U.S. Reporter With Foreign Affiliate
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 U.S. Direct Investment
Abroad--Transactions of U.S. Reporter with Foreign Affiliate (BE-577).
The data collected on the BE-577 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: Amanda Budny, Chief, Direct
Transactions and Positions Branch, via phone (301) 278-9154 or via
email at <a href="/cdn-cgi/l/email-protection#70202231131f1d1d151e0403301215115e171f06"><span class="__cf_email__" data-cfemail="5c0c0e1d3f3331313932282f1c3e393d723b332a">[email protected]</span></a>.
SUPPLEMENTARY INFORMATION: Through this Notice, BEA publishes the
reporting requirements for the BE-577 survey form. As noted below, all
entities required to respond to this mandatory survey will be contacted
by BEA. Entities 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 15 CFR 801.3.
Additional information about BEA's collection of data on international
trade in services and direct investment can be found in the
International Investment and Trade in Services Survey Act (22 U.S.C.
3101 et seq.), as well as BEA's final rule, published April 24, 2012
(77 FR 24373), establishing guidelines for collecting data on
international trade in services and direct investment through public
notice rather than separate rulemaking. 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-
577 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-577.
(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 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/dia">www.bea.gov/dia</a> and
submitted through mail or fax. Form BE-577 inquiries can be made by
phone to BEA at (301) 278-9261 or by sending an email to <a href="/cdn-cgi/l/email-protection#523037676565123037337c353d24"><span class="__cf_email__" data-cfemail="096b6c3c3e3e496b6c68276e667f">[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 0608-0004. 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 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 Amanda Budny, Chief, Direct
Transactions and Positions Branch, via email at <a href="/cdn-cgi/l/email-protection#4d1d1f0c2e2220202823393e0d2f282c632a223b"><span class="__cf_email__" data-cfemail="1f4f4d5e7c7072727a716b6c5f7d7a7e31787069">[email protected]</span></a>;
and to the Office of Management and Budget, Paperwork Reduction Project
0608-0004, via email at <a href="/cdn-cgi/l/email-protection#6d22243f2c323e180f00041e1e0402032d02000f4308021d430a021b"><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. 2025-03323 Filed 2-27-25; 8:45 am]
BILLING CODE 3510-06-P
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