[Federal Register Volume 82, Number 30 (Wednesday, February 15, 2017)]
[Notices]
[Page 10737]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 2017-03052]


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DEPARTMENT OF COMMERCE

Bureau of Economic Analysis

[Docket No. 170111057-7057-01]
RIN 0691-XC056


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: The purpose of this Notice is to notify all 
U.S. persons 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.

Reporting

    Additionally, 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 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 (301) 278-
9418 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, 4600 Silver Hill 
Rd., Washington, DC 20233; and to the Office of Management and Budget, 
Paperwork Reduction Project 0608-0053, 725 17th Street NW., Washington, 
DC 20503.

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

Brian C. Moyer,
Director, Bureau of Economic Analysis.
[FR Doc. 2017-03052 Filed 2-14-17; 8:45 am]
 BILLING CODE 3510-06-P