[Federal Register Volume 81, Number 64 (Monday, April 4, 2016)]
[Notices]
[Pages 19126-19127]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 2016-07460]
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DEPARTMENT OF COMMERCE
Bureau of Economic Analysis
[Docket No. 160316249-6249-01]
XRIN 0691-XC051
BE-15: Annual Survey of Foreign Direct Investment in the United
States
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 Annual Survey of Foreign Direct Investment
in the United States (BE-15). This survey is authorized by the
International Investment and Trade in Services Survey Act.
SUPPLEMENTARY INFORMATION: This Notice constitutes legal notification
to all U.S. persons (defined below) who meet the reporting requirements
set forth in this Notice that they must respond to, and comply with,
the BE-15. A completed report covering a reporting company's fiscal
year ending during the previous calendar year is due by May 31 (or by
June 30 for reporting companies that use BEA's eFile system). This
notice is being issued in conformance with the rule BEA issued in 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-15 survey forms and
instructions are available on the BEA Web site at www.bea.gov/fdi.
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 U.S. 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.
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-15.
(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 the operations
of U.S. affiliates of foreign companies.
How To Report: Reports can be filed using BEA's electronic
reporting system
[[Page 19127]]
at www.bea.gov/efile. Copies of the survey forms and instructions,
which contain complete information on reporting procedures and
definitions, can be downloaded from the BEA Web site given above. Form
BE-15 inquiries can be made by phone to (202) 606-5615 or by sending an
email to be12/[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
(or by June 30 for reporting companies that use BEA's eFile system).
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 0608-0034.
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 18.2 hours per
response. Additional information regarding this burden estimate may be
viewed at www.reginfo.gov; 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 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 0608-0034,
Washington, DC 20503.
Authority: 22 U.S.C. 3101-3108.
Brian C. Moyer,
Director, Bureau of Economic Analysis.
[FR Doc. 2016-07460 Filed 4-1-16; 8:45 am]
BILLING CODE 3510-06-P