80 FR 55083 - Submission for OMB Review; Comment Request

DEPARTMENT OF COMMERCE

Federal Register Volume 80, Issue 177 (September 14, 2015)

[Federal Register Volume 80, Number 177 (Monday, September 14, 2015)]
[Notices]
[Pages 55083-55084]
From the Federal Register Online  [www.thefederalregister.org]
[FR Doc No: 2015-23014]


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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).
    Title: Annual Survey of U.S. Direct Investment Abroad.
    OMB Control Number: 0608-0053.
    Form Number: BE-11.
    Type of Request: Regular submission.
    Number of Respondents: An estimated 1,900 U.S. parents will file 
data for their U.S. operations on the A form; 21,800 foreign 
affiliates, which include 20,500 B forms, 1,150 C forms, and 150 D 
forms; and 500 Claim for Exemption forms.
    Estimated Total Annual Burden Hours: 262,250 hours. Total annual 
burden is calculated by multiplying the estimated number of submissions 
of each form by the average hourly burden

[[Page 55084]]

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 forms.
    Estimated Time per Respondent: 138.0 hours per respondent (262,250 
hours/1,900 U.S. parents) is the average, but may vary considerably 
among respondents because of differences in company structure, size, 
and complexity.
    Needs and Uses: The Annual Survey of U.S. Direct Investment Abroad 
(Form BE-11) collects financial and operating data covering the 
operations of U.S. parents and their foreign affiliates, including 
their 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. The survey is a sample survey that covers all foreign 
affiliates above a size-exemption level and their U.S. parents. The 
sample data are used to derive universe estimates in nonbenchmark years 
by extrapolating forward similar data reported in the BE-10, Benchmark 
Survey of U.S. Direct Investment Abroad, which is conducted every five 
years. The data are needed to measure the size and economic 
significance of direct investment abroad, measure changes in such 
investment, and assess its impact on the U.S. and foreign economies.
    The data from the survey are primarily intended as general purpose 
statistics. They should be readily available to answer any number of 
research and policy questions related to U.S. direct investment abroad.
    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 [email protected] or fax to (202) 395-5806.

    Dated: September 9, 2015.
Glenna Mickelson,
Management Analyst, Office of the Chief Information Officer.
[FR Doc. 2015-23014 Filed 9-11-15; 8:45 am]
BILLING CODE 3510-06-P