[Federal Register Volume 83, Number 65 (Wednesday, April 4, 2018)]
[Notices]
[Pages 14413-14414]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 2018-06907]


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DEPARTMENT OF COMMERCE

Bureau of Economic Analysis

[Docket No. 180125074-8074-01]
RIN 0691-XC072


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). The data collected through the BE-11 survey are needed 
to measure the size and economic significance of U.S. direct investment 
abroad and its impact on the U.S. and foreign economies. This survey is 
authorized by the International Investment and Trade in Services Survey 
Act.

FOR FURTHER INFORMATION CONTACT: Ricardo Lim[eacute]s, Chief, 
Multinational Operations Branch (BE-49), Bureau of Economic Analysis, 
U.S. Department of Commerce, 4600 Silver Hill Road, Washington, DC 
20233; phone (301) 278-9659; or via email at [email protected].

SUPPLEMENTARY INFORMATION:  BEA publishes the reporting requirements 
for the BE-11 survey form. As noted below, all entities required to 
respond to this mandatory survey will be contacted by BEA. A completed 
report covering the entity'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 on April 24, 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

[[Page 14414]]

pursuant to the 2012 rule are described separately in 15 CFR part 801. 
The BE-11 survey forms and instructions are available at www.bea.gov/dia.

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 contain complete information on reporting 
procedures and definitions, can be downloaded from www.bea.gov/dia and 
submitted through mail or fax. 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 an entity'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. 
A complete response includes one BE-11A form (with an estimated average 
reporting burden of 7 hours) for reporting domestic operations and one 
or more BE-11B (12 hours), BE-11C (2 hours), or BE-10D (1 hour) forms 
for reporting foreign operations. Public reporting burden for this 
collection of information is estimated to average a total of 138 hours 
per complete 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, or via email at [email protected].

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

Brian C. Moyer,
Director, Bureau of Economic Analysis.
[FR Doc. 2018-06907 Filed 4-3-18; 8:45 am]
 BILLING CODE 3510-06-P