81_FR_19192 81 FR 19128 - BE-577: Quarterly Survey of U.S. Direct Investment Abroad-Transactions of U.S. Reporter With Foreign Affiliate

81 FR 19128 - BE-577: Quarterly Survey of U.S. Direct Investment Abroad-Transactions of U.S. Reporter With Foreign Affiliate

DEPARTMENT OF COMMERCE
Bureau of Economic Analysis

Federal Register Volume 81, Issue 64 (April 4, 2016)

Page Range19128-19128
FR Document2016-07472

By this Notice, the Bureau of Economic Analysis (BEA), Department of Commerce, is informing the public that it is conducting the mandatory survey titled Quarterly Survey of U.S. Direct Investment Abroad--Transactions of U.S. Reporter with Foreign Affiliate (BE-577). This survey is authorized by the International Investment and Trade in Services Survey Act.

Federal Register, Volume 81 Issue 64 (Monday, April 4, 2016) 
[Federal Register Volume 81, Number 64 (Monday, April 4, 2016)]
[Notices]
[Page 19128]
From the Federal Register Online  [www.thefederalregister.org]
[FR Doc No: 2016-07472]



[[Page 19128]]

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DEPARTMENT OF COMMERCE

Bureau of Economic Analysis

[Docket No. 160304201-6201-01]
XRIN 0691-XC049


BE-577: Quarterly Survey of U.S. Direct Investment Abroad--
Transactions of U.S. Reporter With Foreign Affiliate

AGENCY: Bureau of Economic Analysis, Commerce.

ACTION: Notice of reporting requirements.

-----------------------------------------------------------------------

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 Quarterly Survey of U.S. Direct Investment 
Abroad--Transactions of U.S. Reporter with Foreign Affiliate (BE-577). 
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-577. Reports are due 30 days after the close of each calendar or 
fiscal quarter; 45 days if the report is for the final quarter of the 
financial reporting year. 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-577 
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-577.
    (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 transactions 
between parent companies and their affiliates and on direct investment 
positions (stocks).
    How To Report: Reports can be filed using BEA's electronic 
reporting system at www.bea.gov/efile. Copies of the survey form and 
instructions, which contain complete information on reporting 
procedures and definitions, can be downloaded from the BEA Web site 
given above. Form BE-577 inquiries can be made by phone to (202) 606-
5557 or by sending an email to [email protected].
    When To Report: Reports are due to BEA 30 days after the close of 
each calendar or fiscal quarter; 45 days if the report is for the final 
quarter of the financial reporting year.

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 0608-0004. 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 1 hour 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 
0608-0004, Washington, DC 20503.

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

Brian C. Moyer,
Director, Bureau of Economic Analysis.
[FR Doc. 2016-07472 Filed 4-1-16; 8:45 am]
 BILLING CODE 3510-06-P

19128 Federal Register / Vol. 81, No. 64 / Monday, April 4, 2016 / Notices DEPARTMENT OF COMMERCE situated outside the United States or Paperwork Reduction Act Notice which belongs to or is characteristic of This data collection has been Bureau of Economic Analysis a country other than the United States. approved by the Office of Management [Docket No. 160304201–6201–01] (c) Person means any individual, and Budget (OMB) in accordance with branch, partnership, associated group, the Paperwork Reduction Act and XRIN 0691–XC049 association, estate, trust, corporation, or assigned control number 0608–0004. An BE–577: Quarterly Survey of U.S. other organization (whether or not agency may not conduct or sponsor, and Direct Investment Abroad— organized under the laws of any State), a person is not required to respond to, Transactions of U.S. Reporter With and any government (including a a collection of information unless it Foreign Affiliate foreign government, the U.S. displays a valid control number Government, a State or local assigned by OMB. Public reporting AGENCY: Bureau of Economic Analysis, government, and any agency, burden for this collection of information Commerce. corporation, financial institution, or is estimated to average 1 hour per ACTION: Notice of reporting other entity or instrumentality thereof, response. Additional information requirements. including a government-sponsored regarding this burden estimate may be agency). viewed at www.reginfo.gov; under the SUMMARY: By this Notice, the Bureau of Information Collection Review tab, click (d) Business enterprise means any Economic Analysis (BEA), Department on ‘‘Search’’ and use the above OMB organization, association, branch, or of Commerce, is informing the public control number to search for the current venture that exists for profit-making that it is conducting the mandatory survey instrument. Send comments purposes or to otherwise secure survey titled Quarterly Survey of U.S. regarding this burden estimate to economic advantage, and any Direct Investment Abroad— Director, Bureau of Economic Analysis ownership of any real estate. Transactions of U.S. Reporter with (BE–1), U.S. Department of Commerce, Foreign Affiliate (BE–577). This survey Reporting Washington, DC 20230; and to the is authorized by the International Office of Management and Budget, Investment and Trade in Services Notice of specific reporting requirements, including who is to Paperwork Reduction Project 0608– Survey Act. 0004, Washington, DC 20503. report, the information to be reported, SUPPLEMENTARY INFORMATION: This Authority: 22 U.S.C. 3101–3108. the manner of reporting, and the time Notice constitutes legal notification to and place of filing reports, will be Brian C. Moyer, all U.S. persons (defined below) who mailed to those required to complete meet the reporting requirements set Director, Bureau of Economic Analysis. this survey. forth in this Notice that they must [FR Doc. 2016–07472 Filed 4–1–16; 8:45 am] respond to, and comply with, the BE– Who Must Report: (a) Reports are BILLING CODE 3510–06–P 577. Reports are due 30 days after the required from each U.S. person that has close of each calendar or fiscal quarter; a direct and/or indirect ownership 45 days if the report is for the final interest of at least 10 percent of the DEPARTMENT OF COMMERCE quarter of the financial reporting year. voting stock in an incorporated foreign This notice is being issued in business enterprise, or an equivalent Bureau of Economic Analysis conformance with the rule BEA issued interest in an unincorporated foreign [Docket No. 160304199–6199–01] in 2012 (77 FR 24373) establishing business enterprise, and that meets the guidelines for collecting data on additional conditions detailed in Form XRIN 0691–XC047 international trade in services and direct BE–577. BE–125: Quarterly Survey of investment through notices, rather than (b) Entities required to report will be Transactions in Selected Services and through rulemaking. Additional contacted individually by BEA. Entities Intellectual Property With Foreign information about BEA’s collection of not contacted by BEA have no reporting Persons data on international trade in services responsibilities. and direct investment can be found in What To Report: The survey collects AGENCY: Bureau of Economic Analysis, the 2012 rule, the International information on transactions between Commerce. Investment and Trade in Services parent companies and their affiliates ACTION: Notice of Reporting Survey Act (22 U.S.C. 3101 et seq.), and and on direct investment positions Requirements. 15 CFR part 801. Survey data on (stocks). international trade in services and direct SUMMARY: By this Notice, the Bureau of investment that are not collected How To Report: Reports can be filed Economic Analysis (BEA), Department pursuant to the 2012 rule are described using BEA’s electronic reporting system of Commerce, is informing the public separately in 15 CFR part 801. The BE– at www.bea.gov/efile. Copies of the that it is conducting the mandatory 577 survey forms and instructions are survey form and instructions, which survey titled Quarterly Survey of available on the BEA Web site at contain complete information on Transactions in Selected Services and www.bea.gov/dia. reporting procedures and definitions, Intellectual Property with Foreign can be downloaded from the BEA Web Persons (BE–125). This survey is Definitions site given above. Form BE–577 inquiries authorized by the International can be made by phone to (202) 606– Investment and Trade in Services mstockstill on DSK4VPTVN1PROD with NOTICES (a) United States, when used in a geographic sense, means the 50 States, 5557 or by sending an email to be577@ Survey Act. the District of Columbia, the bea.gov. SUPPLEMENTARY INFORMATION: This Commonwealth of Puerto Rico, and all When To Report: Reports are due to Notice constitutes legal notification to territories and possessions of the United BEA 30 days after the close of each all U.S. persons (defined below) who States. calendar or fiscal quarter; 45 days if the meet the reporting requirements set (b) Foreign, when used in a report is for the final quarter of the forth in this Notice that they must geographic sense, means that which is financial reporting year. respond to, and comply with, the BE– VerDate Sep<11>2014 19:03 Apr 01, 2016 Jkt 238001 PO 00000 Frm 00017 Fmt 4703 Sfmt 4703 E:\FR\FM\04APN1.SGM 04APN1


Document Created: 2016-04-02 03:54:24
Document Modified: 2016-04-02 03:54:24
CategoryRegulatory Information
CollectionFederal Register
sudoc ClassAE 2.7:
GS 4.107:
AE 2.106:
PublisherOffice of the Federal Register, National Archives and Records Administration
SectionNotices
ActionNotice of reporting requirements.
FR Citation81 FR 19128 
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