Proposal To Collect Information on Transactions of U.S. Affiliates With Their Foreign Parents, 40980-40981 [05-13907]

Download as PDF 40980 Federal Register / Vol. 70, No. 135 / Friday, July 15, 2005 / Notices 2. The action may result in authorizing small entities to furnish the products to the Government. 3. There are no known regulatory alternatives which would accomplish the objectives of the Javits-WagnerO’Day Act (41 U.S.C. 46–48c) in connection with the products deleted from the Procurement List. 10 oz., NSN: 7350–01–485–7889—Lid, Plastic (Foam Cup), 16 oz. This effective date is suspended until further notice. G. John Heyer, General Counsel. [FR Doc. 05–13969 Filed 7–14–05; 8:45 am] BILLING CODE 6353–01–P End of Certification Accordingly, the following products are deleted from the Procurement List: Products Belt, Automobile, Safety, NSN: 2540–00–894–1273—Belt, Automobile, Safety, NSN: 2540–00–894–1275—Belt, Automobile, Safety, NSN: 2540–00–894–1276—Belt, Automobile, Safety, NSN: 2540–00–894–1274—Belt, Automobile, Safety. NPA: Arizona Industries for the Blind, Phoenix, Arizona. Contracting Activity: Defense Supply Center Columbus, Columbus, Ohio. Tray, Desk, NSN: 7520–00–232–6828—Tray, Desk. NPA: Opportunity Workshop of Lexington, Inc., Lexington, Kentucky. Contracting Activity: Office Supplies & Paper Products Acquisition Center, New York, NY. G. John Heyer, General Counsel. [FR Doc. 05–13968 Filed 7–14–05; 8:45 am] BILLING CODE 6353–01–P COMMITTEE FOR PURCHASE FROM PEOPLE WHO ARE BLIND OR SEVERELY DISABLED Suspension of Effective Date In the document appearing on page 35223, FR Doc 05–3139, in the issue of June 17, 2005, in the first column, the Committee published an effective date of July 17, 2005, for deletion of the following products: Cup, Disposable, NSN: 7350–00–914– 5089—Cup, Disposable, NSN: 7350–00– 761–7467—Cup, Disposable, NSN: 7350–00–914–5088—Cup, Disposable. Cup, Disposable (Foam Plastic), NSN: 7350–00–721–9003—Cup, Disposable (Foam Plastic), 6 oz., NSN: 7350–00– 145–6126—Cup, Disposable (Foam Plastic), 16 oz., NSN: 7350–00–926– 1661—Cup, Disposable (Foam Plastic), 10 oz., NSN: 7350–00–082–5741—Cup, Disposable (Foam Plastic), 8 oz. Lid, Plastic (Foam Cup), NSN: 7350– 01–485–7092—Lid, Plastic (Foam Cup), 6 oz., NSN: 7350–01–485–7094—Lid, Plastic (Foam Cup), 8 oz., NSN: 7350– 01–485–7093—Lid, Plastic (Foam Cup), VerDate jul<14>2003 17:47 Jul 14, 2005 Jkt 205001 COMMISSION ON CIVIL RIGHTS Sunshine Act Meeting AGENCY: U.S. Commission on Civil Rights. DATE AND TIME: Friday, July 22, 2005, 3 p.m. U.S. Commission on Civil Rights, via teleconference. Public Call-In Number: 1–800–597–0731. Access Code Number: 428299153. Federal Relay Service: 1–800–877–8339. 624 9th Street, NW., Washington, DC 20425. STATUS: PLACE: Agenda I. Approval of Agenda II. Approval of Minutes of June 17, 2005, Meeting III. Announcements IV. Staff Director’s Report V. Program Planning VI. Management and Operations • Fiscal Year 2005 Financial Corrective Measures • Fiscal Year 2007 Budget VII. State Advisory Committees Issues • State Advisory Committee Reports • State Advisory Committee Rechartering VIII. Discussion of Future Briefings IX. Future Agenda Items CONTACT PERSON FOR FURTHER INFORMATION: Kenneth L. Marcus, Press and Communications, (202) 376–7700. Seth Jaffe, Acting Deputy General Counsel. [FR Doc. 05–14014 Filed 7–12–05; 8:45 am] BILLING CODE 6335–01–M DEPARTMENT OF COMMERCE Bureau of Economic Analysis Proposal To Collect Information on Transactions of U.S. Affiliates With Their Foreign Parents ACTION: Proposed collection; comment request. SUMMARY: The Department of Commerce, as part of its continuing effort to reduce paperwork and respondent burden, invites the general public and other Federal agencies to comment on proposed and/or continuing information collections, as PO 00000 Frm 00006 Fmt 4703 Sfmt 4703 required by the Paperwork Reduction Act of 1995, Public Law 104–13 (44 U.S.C. 3506(c)(2)(A)). DATES: Written comments must be submitted on or before 5 p.m., September 13, 2005. ADDRESSES: Direct all written comments to Diana Hynek, Departmental Paperwork Clearance Officer, Department of Commerce, Room 6625, 14th and Constitution Avenue, NW., Washington, DC 20230 (or via the Internet at dhynek@doc.gov). FOR FURTHER INFORMATION CONTACT: Obie G. Whichard, Chief, International Investment Division, (BE–50), Bureau of Economic Analysis, U.S. Department of Commerce, Washington, DC 20230; phone (202) 606–9890 (or via the Internet at obie.whichard@bea.gov). SUPPLEMENTARY INFORMATION: I. Abstract The Transactions of U.S. Affiliate, Except a U.S. Banking Affiliate, with Foreign Parent (Form BE–605) and Transactions of U.S. Banking Affiliate with Foreign Parent (Form BE–605 Bank) obtain quarterly sample data on transactions and positions between foreign-owned U.S. business enterprises and their ‘‘affiliated foreign groups’’ (i.e., their foreign parents and foreign affiliates of their foreign parents). The data collected are used in the preparation of the U.S. international transactions accounts, national income and product accounts, and input-output accounts. The data are needed to measure the amount of foreign direct investment in the United States, monitor changes in such investment, assess its impact on the U.S. and foreign economies and, based upon this assessment, make informed policy decisions regarding foreign direct investment in the United States. BEA proposes the following changes to the survey: (1) To maintain consistency of the U.S. international transactions accounts with current international statistical standards, collect information on payments to and receipts from the foreign parent and foreign affiliates of the foreign parent gross of any taxes withheld. Previously, the information was collected net of taxes withheld. (2) To avoid potential duplication, modify the instructions for the survey to instruct respondents to exclude positions and transactions in financial derivatives contracts that are to be reported on or derived from information reported to the Federal Reserve Bank of New York on the new Treasury International Capital Form D, Report of Holdings of, and Transactions in, Financial Derivatives Contracts with E:\FR\FM\15JYN1.SGM 15JYN1 Federal Register / Vol. 70, No. 135 / Friday, July 15, 2005 / Notices Foreign Residents. These changes will not have a material effect on overall respondent burden. II. Method of Collection Forms BE–605 and BE–605 Bank are quarterly reports that must be filed within 30 days after the end of each quarter (45 days after the final quarter of the respondent’s fiscal year) by every U.S. business enterprise that is owned 10 percent or more by a foreign investor and that has total assets, sales or gross operating revenues, or net income (positive or negative) of over $30 million. Potential respondents are those U.S. business enterprises that were required to report in the BE–12, Benchmark Survey of Foreign Direct Investment in the United States—2002, along with those U.S. business enterprises that subsequently entered the direct investment universe. The data collected are sample data covering transactions and positions between foreign-owned U.S. business enterprises and their affiliated foreign groups. Universe estimates are developed from the reported sample data. III. Data OMB Number: 0608–0009. Form Number: BE–605/BE–605 Bank. Type of Review: Regular submission. Affected Public: Businesses or other for-profit organizations. Estimated Number of Respondents: 3,950 per quarter; 15,800 annually. Estimated Time Per Response: 11⁄4 hours. Estimated Total Annual Burden Hours: 19,750. Estimated Total Annual Cost: $790,000 (based on an estimated reporting burden of 19,750 hours and an estimated hourly cost of $40). IV. Request for Comments Comments are invited on: (a) Whether the proposed collection of information is necessary for the proper performance of the functions of the agency, including whether the information has practical utility; (b) the accuracy of the agency’s estimate of the burden (including hours and cost) of the proposed collection of information; (c) ways to enhance the quality, utility, and clarity of the information to be collected; and (d) ways to minimize the burden of the collection of information on respondents, including through the use of automated collection techniques or other forms of information technology. Comments submitted in response to this notice will be summarized and/or included in the request for OMB approval of this information collection; VerDate jul<14>2003 17:47 Jul 14, 2005 Jkt 205001 they also will become a matter of public record. Dated: July 11, 2005. Madeleine Clayton, Management Analyst, Office of the Chief Information Officer. [FR Doc. 05–13907 Filed 7–14–05; 8:45 am] BILLING CODE 3510–06–P DEPARTMENT OF COMMERCE International Trade Administration 40981 market conditions and opportunities in various industries and countries of the former Soviet Union. These information products provided by BISNIS are in the form of e-mails, faxes, and paper mailers. The Publication Subscription form is a quick way for interested parties to tell BISNIS which products they want and their industry and country interests. II. Method of Collection Internet, fax, mail, or telephone. BISNIS Publication Subscription Form III. Data Title: BISNIS Publication Subscription Form. ACTION: Proposed collection; comment request. OMB Number: 0625–0236. Form Number: N/A. Type of Review: Regular submission. Affected Public: Business or other forprofit firms. Estimated Number of Respondents: 2,000. Estimated Time Per Response: 5 minutes. Estimated Total Annual Burden Hours: 170 hours. Estimated Total Annual Costs: The estimated annual cost for this collection is $5,100.00 ($4,080.00 for respondents and $1,020.00 for Federal government). SUMMARY: The Department of Commerce, as part of its continuing effort to reduce paperwork and respondent burdens, invites the general public and other Federal agencies to take this opportunity to comment on the continuing information collections, as required by the Paperwork Reduction Act of 1995, Public Law 104–13 (44 U.S.C. 3506(C) (2) (A)). DATES: Written comments must be submitted on or before September 13, 2005. ADDRESSES: Direct all written comments to Diana Hynek, Departmental Paperwork Clearance Officer, Department of Commerce, Room 6625, 14th & Constitution Avenue, NW., Washington, DC 20230. Phone number: (202) 482–0266. E-mail: dHynek@doc.gov. FOR FURTHER INFORMATION CONTACT: Request for additional information or copies of the information collection instrument and instructions should be directed to: Philip de Leon, International Trade Administration, U.S. Foreign Commercial Service, Business Information Service for the Newly Independent States (BISNIS), 14th & Constitution Avenue, NW., Washington, DC 20230; Phone number: (202) 482–2109, and fax number: (202) 482–3574. SUPPLEMENTARY INFORMATION: I. Abstract The International Trade Administration’s (ITA) Business Information Service for the Newly Independent States (BISNIS) program offers business information and counseling to U.S. companies seeking to export or to invest in the countries of the former Soviet Union. A critical component of the program is the dissemination of information regarding PO 00000 Frm 00007 Fmt 4703 Sfmt 4703 IV. Request for Comments Comments are invited on (a) whether the proposed collection of information is necessary for the proper performance of the functions of the agency, including whether the information shall have practical utility; (b) the accuracy of the agency’s estimate of the burden (including hours and costs) of the proposed collection of information; (c) ways to enhance the quality, utility, and clarity of the information to be collected; and (d) ways to minimize the burden of the collection of information on respondents, including through the use of automated collection techniques or forms of information technology. Comments submitted in response to this notice will be summarized and/or included in the request for OMB approval of this information collection; they also will become a matter of public record. Dated: July 11, 2005. Madeleine Clayton, Management Analyst, Office of the Chief Information Officer. [FR Doc. E5–3755 Filed 7–14–05; 8:45 am] BILLING CODE 3510–FP–P E:\FR\FM\15JYN1.SGM 15JYN1

Agencies

[Federal Register Volume 70, Number 135 (Friday, July 15, 2005)]
[Notices]
[Pages 40980-40981]
From the Federal Register Online via the Government Printing Office [www.gpo.gov]
[FR Doc No: 05-13907]


=======================================================================
-----------------------------------------------------------------------

DEPARTMENT OF COMMERCE

Bureau of Economic Analysis


Proposal To Collect Information on Transactions of U.S. 
Affiliates With Their Foreign Parents

ACTION: Proposed collection; comment request.

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

SUMMARY: The Department of Commerce, as part of its continuing effort 
to reduce paperwork and respondent burden, invites the general public 
and other Federal agencies to comment on proposed and/or continuing 
information collections, as required by the Paperwork Reduction Act of 
1995, Public Law 104-13 (44 U.S.C. 3506(c)(2)(A)).

DATES: Written comments must be submitted on or before 5 p.m., 
September 13, 2005.

ADDRESSES: Direct all written comments to Diana Hynek, Departmental 
Paperwork Clearance Officer, Department of Commerce, Room 6625, 14th 
and Constitution Avenue, NW., Washington, DC 20230 (or via the Internet 
at dhynek@doc.gov).

FOR FURTHER INFORMATION CONTACT: Obie G. Whichard, Chief, International 
Investment Division, (BE-50), Bureau of Economic Analysis, U.S. 
Department of Commerce, Washington, DC 20230; phone (202) 606-9890 (or 
via the Internet at obie.whichard@bea.gov).

SUPPLEMENTARY INFORMATION:

I. Abstract

    The Transactions of U.S. Affiliate, Except a U.S. Banking 
Affiliate, with Foreign Parent (Form BE-605) and Transactions of U.S. 
Banking Affiliate with Foreign Parent (Form BE-605 Bank) obtain 
quarterly sample data on transactions and positions between foreign-
owned U.S. business enterprises and their ``affiliated foreign groups'' 
(i.e., their foreign parents and foreign affiliates of their foreign 
parents). The data collected are used in the preparation of the U.S. 
international transactions accounts, national income and product 
accounts, and input-output accounts. The data are needed to measure the 
amount of foreign direct investment in the United States, monitor 
changes in such investment, assess its impact on the U.S. and foreign 
economies and, based upon this assessment, make informed policy 
decisions regarding foreign direct investment in the United States.
    BEA proposes the following changes to the survey: (1) To maintain 
consistency of the U.S. international transactions accounts with 
current international statistical standards, collect information on 
payments to and receipts from the foreign parent and foreign affiliates 
of the foreign parent gross of any taxes withheld. Previously, the 
information was collected net of taxes withheld. (2) To avoid potential 
duplication, modify the instructions for the survey to instruct 
respondents to exclude positions and transactions in financial 
derivatives contracts that are to be reported on or derived from 
information reported to the Federal Reserve Bank of New York on the new 
Treasury International Capital Form D, Report of Holdings of, and 
Transactions in, Financial Derivatives Contracts with

[[Page 40981]]

Foreign Residents. These changes will not have a material effect on 
overall respondent burden.

II. Method of Collection

    Forms BE-605 and BE-605 Bank are quarterly reports that must be 
filed within 30 days after the end of each quarter (45 days after the 
final quarter of the respondent's fiscal year) by every U.S. business 
enterprise that is owned 10 percent or more by a foreign investor and 
that has total assets, sales or gross operating revenues, or net income 
(positive or negative) of over $30 million. Potential respondents are 
those U.S. business enterprises that were required to report in the BE-
12, Benchmark Survey of Foreign Direct Investment in the United 
States--2002, along with those U.S. business enterprises that 
subsequently entered the direct investment universe. The data collected 
are sample data covering transactions and positions between foreign-
owned U.S. business enterprises and their affiliated foreign groups. 
Universe estimates are developed from the reported sample data.

III. Data

    OMB Number: 0608-0009.
    Form Number: BE-605/BE-605 Bank.
    Type of Review: Regular submission.
    Affected Public: Businesses or other for-profit organizations.
    Estimated Number of Respondents: 3,950 per quarter; 15,800 
annually.
    Estimated Time Per Response: 1\1/4\ hours.
    Estimated Total Annual Burden Hours: 19,750.
    Estimated Total Annual Cost: $790,000 (based on an estimated 
reporting burden of 19,750 hours and an estimated hourly cost of $40).

IV. Request for Comments

    Comments are invited on: (a) Whether the proposed collection of 
information is necessary for the proper performance of the functions of 
the agency, including whether the information has practical utility; 
(b) the accuracy of the agency's estimate of the burden (including 
hours and cost) of the proposed collection of information; (c) ways to 
enhance the quality, utility, and clarity of the information to be 
collected; and (d) ways to minimize the burden of the collection of 
information on respondents, including through the use of automated 
collection techniques or other forms of information technology.
    Comments submitted in response to this notice will be summarized 
and/or included in the request for OMB approval of this information 
collection; they also will become a matter of public record.

    Dated: July 11, 2005.
Madeleine Clayton,
Management Analyst, Office of the Chief Information Officer.
[FR Doc. 05-13907 Filed 7-14-05; 8:45 am]
BILLING CODE 3510-06-P