[Federal Register Volume 78, Number 26 (Thursday, February 7, 2013)]
[Notices]
[Page 9032]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 2013-02638]
[[Page 9032]]
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DEPARTMENT OF COMMERCE
Bureau of Economic Analysis
[Docket No. 130129086-3086-01]
XRIN 0691-XC010
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, Department of
Commerce, is informing the public that it is conducting the mandatory
survey titled BE-11, Annual Survey of U.S. Direct Investment Abroad.
This mandatory survey is conducted under the authority of the
International Investment and Trade in Services Survey Act (22 U.S.C.
3101-3108, as amended). This Notice constitutes legal notification to
all United States persons (defined below) who meet the reporting
requirements set forth in this Notice that they must respond to, and
comply with, the survey. A completed report covering a reporting
company's fiscal year ending during the previous calendar year is due
by May 31. The BE-11 survey forms and instructions are available on the
BEA Web site at www.bea.gov/dia.
Definitions
(a) United States, when used in a geographic sense, means the 50
States, the District of Columbia, the Commonwealth of Puerto Rico, and
all territories and possessions of the United States.
(b) Foreign, when used in a geographic sense, means that which is
situated outside the United States or which belongs to or is
characteristic of a country other than the United States.
(c) Person means any individual, branch, partnership, associated
group, association, estate, trust, corporation, or other organization
(whether or not organized under the laws of any State), and any
government (including a foreign government, the United States
Government, a State or local government, and any agency, corporation,
financial institution, or other entity or instrumentality thereof,
including a government-sponsored agency).
(d) Business enterprise means any organization, association,
branch, or venture that exists for profit making purposes or to
otherwise secure economic advantage, and any ownership of any real
estate.
Who Must Report: 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.
Entities required to report will be contacted individually by the
Bureau of Economic Analysis (BEA). Entities 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 www.bea.gov/efile. Copies of the survey forms and
instructions, which contain complete information on reporting
procedures and definitions, may be obtained at the BEA Web site given
above in the Summary. Inquiries can be made to BEA at (202) 606-5566 or
by sending an email to be10/[email protected].
When To Report: A completed report covering a reporting company'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. The estimated average public reporting
burden for this collection of information is 86 hours per response.
Send comments regarding this burden estimate to Director, Bureau of
Economic Analysis (BE-1), U.S. Department of Commerce, Washington, DC
20230; and to the Office of Management and Budget, Paperwork Reduction
Project 0608-0053, Washington, DC 20503.
J. Steven Landefeld,
Director, Bureau of Economic Analysis.
[FR Doc. 2013-02638 Filed 2-6-13; 8:45 am]
BILLING CODE 3510-06-P