[Federal Register Volume 83, Number 148 (Wednesday, August 1, 2018)]
[Notices]
[Page 37461]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 2018-16410]


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DEPARTMENT OF COMMERCE


Submission for OMB Review; Comment Request

    The Department of Commerce will submit to the Office of Management 
and Budget (OMB) for clearance the following proposal for collection of 
information under the provisions of the Paperwork Reduction Act (44 
U.S.C. Chapter 35).
    Agency: Bureau of Economic Analysis (BEA), Commerce.
    Title: Annual Survey of U.S. Direct Investment Abroad.
    OMB Control Number: 0608-0053.
    Form Number: BE-11.
    Type of Request: Regular submission.
    Estimated Number of Respondents: 3,150 respondents (U.S. parents). 
A complete response includes a BE-11 A form for the U.S. parent's 
domestic operation and one or more BE-11 B, C, or D forms for its 
foreign affiliates that meet the BE-11 survey requirements. BEA 
estimates that U.S. parents will submit 3,150 A forms, 25,000 B forms, 
1,500 C forms, 200 D forms, and 500 Claim for Exemption forms.
    Estimated Total Annual Burden Hours: 325,750 hours. Total annual 
burden is calculated by multiplying the estimated number of submissions 
of each form by the average hourly burden per form, which is 7 hours 
for the A form, 12 hours for the B form, 2 hours for the C form, 1 hour 
for the D form, and 1 hour for the Claim for Exemption form.
    Estimated Time per Respondent: 103.4 hours per respondent (325,750 
hours/3,150 U.S. parents) is the average, but may vary considerably 
among respondents because of differences in company structure, 
complexity, and the number of foreign affiliates each U.S. parent must 
report.
    Needs and Uses: The Annual Survey of U.S. Direct Investment Abroad 
(BE-11) obtains sample data on the financial structure and operations 
of U.S. parents and their foreign affiliates. The data are needed to 
provide reliable, useful, and timely measures of U.S. direct investment 
abroad to assess its impact on the U.S. and foreign economies. The 
sample data are used to derive universe estimates in nonbenchmark years 
from similar data reported in the BE-10, Benchmark Survey of U.S. 
Direct Investment Abroad, which is conducted every five years. The data 
collected include balance sheets; income statements; property, plant, 
and equipment; employment and employee compensation; merchandise trade; 
sales of goods and services; taxes; and research and development 
activity.
    Affected Public: Businesses or other for-profit organizations.
    Frequency: Annual.
    Respondent's Obligation: Mandatory.
    This information collection request may be viewed at 
www.reginfo.gov. Follow the instructions to view Department of Commerce 
collections currently under review by OMB. Written comments and 
recommendations for the proposed information collection should be sent 
within 30 days of publication of this notice to OIRA 
[email protected] or fax to (202) 395-5806.

Sheleen Dumas,
Departmental Lead PRA Officer, Office of Chief Information Officer.
[FR Doc. 2018-16410 Filed 7-31-18; 8:45 am]
 BILLING CODE 3510-06-P