[Federal Register Volume 78, Number 32 (Friday, February 15, 2013)]
[Notices]
[Pages 11140-11141]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 2013-03611]


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DEPARTMENT OF COMMERCE

Bureau of Economic Analysis

[Docket No. 130131092-3092-01]
XRIN 0691-XC011


BE-605: Quarterly Survey of Foreign Direct Investment in the 
United States--Transactions of U.S. Affiliate With Foreign Parent

AGENCY: Bureau of Economic Analysis, Commerce.

ACTION: Notice of reporting requirements.

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SUMMARY: By this Notice, the Bureau of Economic Analysis is informing 
the public that it is conducting the mandatory survey titled BE-605, 
Quarterly Survey of Foreign Direct Investment in the United States--
Transactions of U.S. Affiliate with Foreign Parent. This survey is 
authorized by the International Investment and Trade in Services Survey 
Act.

SUPPLEMENTARY INFORMATION: 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 surveys. Reports are due 30 days after the close of 
each calendar or fiscal quarter end; 45 days if the report is for the 
final quarter of the financial reporting year. The BE-605 survey forms 
and instructions are available on the BEA Web site at http://www.bea.gov/internationallindex.htm#surveys.

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).

[[Page 11141]]

    (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

    (a) The quarterly Form BE-605 is required from each U.S. business 
enterprise in which a foreign entity has a direct and/or indirect 
ownership interest of 10 percent or more of the voting stock or an 
equivalent interest if an unincorporated business and that meets the 
additional conditions detailed in Form BE-605.
    (b) 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 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 http://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. Form BE-605 inquiries can be made by phone to (202) 606-5577 or 
by sending an email to [email protected].
    When To Report: Reports are due to BEA 30 days after the close of 
each calendar or fiscal quarter; 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 0608-0009. 
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 these 
collections of information are estimated to average 1 hour 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 Reductions Project 0608-0009, Washington, DC 20503.

    Authority:  22 U.S.C. 3101-3108.

J. Steven Landefeld,
Director, Bureau of Economic Analysis.
[FR Doc. 2013-03611 Filed 2-14-13; 8:45 am]
BILLING CODE 3510-06-P