[Federal Register Volume 80, Number 177 (Monday, September 14, 2015)]
[Notices]
[Pages 55083-55084]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 2015-23014]
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DEPARTMENT OF COMMERCE
Submission for OMB Review; Comment Request
The Department of Commerce will submit to the Office of Management
and Budget (OMB) for clearance the following proposal for collection of
information under the provisions of the Paperwork Reduction Act (44
U.S.C. Chapter 35).
Agency: Bureau of Economic Analysis (BEA).
Title: Annual Survey of U.S. Direct Investment Abroad.
OMB Control Number: 0608-0053.
Form Number: BE-11.
Type of Request: Regular submission.
Number of Respondents: An estimated 1,900 U.S. parents will file
data for their U.S. operations on the A form; 21,800 foreign
affiliates, which include 20,500 B forms, 1,150 C forms, and 150 D
forms; and 500 Claim for Exemption forms.
Estimated Total Annual Burden Hours: 262,250 hours. Total annual
burden is calculated by multiplying the estimated number of submissions
of each form by the average hourly burden
[[Page 55084]]
per form, which is 7 hours for the A form, 12 hours for the B form, 2
hours for the C form, 1 hour for the D form, and 1 hour for the Claim
for Exemption forms.
Estimated Time per Respondent: 138.0 hours per respondent (262,250
hours/1,900 U.S. parents) is the average, but may vary considerably
among respondents because of differences in company structure, size,
and complexity.
Needs and Uses: The Annual Survey of U.S. Direct Investment Abroad
(Form BE-11) collects financial and operating data covering the
operations of U.S. parents and their foreign affiliates, including
their balance sheets, income statements, property, plant, and
equipment, employment and employee compensation, merchandise trade,
sales of goods and services, taxes, and research and development
activity. The survey is a sample survey that covers all foreign
affiliates above a size-exemption level and their U.S. parents. The
sample data are used to derive universe estimates in nonbenchmark years
by extrapolating forward similar data reported in the BE-10, Benchmark
Survey of U.S. Direct Investment Abroad, which is conducted every five
years. The data are needed to measure the size and economic
significance of direct investment abroad, measure changes in such
investment, and assess its impact on the U.S. and foreign economies.
The data from the survey are primarily intended as general purpose
statistics. They should be readily available to answer any number of
research and policy questions related to U.S. direct investment abroad.
Affected Public: Businesses or other for-profit organizations.
Frequency: Annual.
Respondent's Obligation: Mandatory.
This information collection request may be viewed at
www.reginfo.gov. Follow the instructions to view Department of Commerce
collections currently under review by OMB.
Written comments and recommendations for the proposed information
collection should be sent within 30 days of publication of this notice
to [email protected] or fax to (202) 395-5806.
Dated: September 9, 2015.
Glenna Mickelson,
Management Analyst, Office of the Chief Information Officer.
[FR Doc. 2015-23014 Filed 9-11-15; 8:45 am]
BILLING CODE 3510-06-P