[Federal Register Volume 79, Number 40 (Friday, February 28, 2014)]
[Notices]
[Page 11395]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 2014-04445]


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DEPARTMENT OF COMMERCE

Bureau of Economic Analysis

[Docket No. 140205106-4106-01]


BE-11: 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 (BEA), 
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 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 survey. A completed report covering a reporting 
company's fiscal year ending during the previous calendar year is due 
by May 31. 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 rulemakings. Additional information about 
BEA's collection of data on international trade in services and direct 
investment can be found in the 2012 rule and the International 
Investment and Trade in Services Survey Act (22 U.S.C. 3101 et. seq.). 
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

    (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-11.
    (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. 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. Form BE-15 inquiries can be made by phone to (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. Public reporting burden for this 
collection of information is estimated to average 91 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.

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

J. Steven Landefeld,
Director, Bureau of Economic Analysis.
[FR Doc. 2014-04445 Filed 2-27-14; 8:45 am]
BILLING CODE 3510-06-P