[Federal Register Volume 81, Number 64 (Monday, April 4, 2016)]
[Notices]
[Pages 19134-19135]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 2016-07463]


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DEPARTMENT OF COMMERCE

Bureau of Economic Analysis

[Docket No. 160303191-6191-01]
XRIN 0691-XC041


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 Annual Survey of U.S. Direct Investment 
Abroad (BE-11). 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-11. 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 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-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 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. 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

[[Page 19135]]

contain complete information on reporting procedures and definitions, 
can be downloaded from the BEA Web site given above. Form BE-11 
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 138 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 0608-0053, Washington, DC 20503.

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

Brian C. Moyer,
Director, Bureau of Economic Analysis.
[FR Doc. 2016-07463 Filed 4-1-16; 8:45 am]
 BILLING CODE 3510-06-P