International Services Surveys: Cancellation of Five Annual Surveys, 48270-48272 [05-16305]
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48270
Federal Register / Vol. 70, No. 158 / Wednesday, August 17, 2005 / Rules and Regulations
Federal Reserve Bank
Rate
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New York ...................................................................................................................................................................
Philadelphia ...............................................................................................................................................................
Cleveland ...................................................................................................................................................................
Richmond ...................................................................................................................................................................
Atlanta ........................................................................................................................................................................
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Minneapolis ................................................................................................................................................................
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(b) Secondary credit. The interest
rates for secondary credit provided to
Rate
Boston ........................................................................................................................................................................
New York ...................................................................................................................................................................
Philadelphia ...............................................................................................................................................................
Cleveland ...................................................................................................................................................................
Richmond ...................................................................................................................................................................
Atlanta ........................................................................................................................................................................
Chicago ......................................................................................................................................................................
St. Louis .....................................................................................................................................................................
Minneapolis ................................................................................................................................................................
Kansas City ................................................................................................................................................................
Dallas .........................................................................................................................................................................
San Francisco ............................................................................................................................................................
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BILLING CODE 6210–02–P
DEPARTMENT OF COMMERCE
15 CFR Part 801
[Docket No. 050406094–5201–02]
RIN 0691–AA59
International Services Surveys:
Cancellation of Five Annual Surveys
Bureau of Economic Analysis,
Commerce.
ACTION: Final rule.
AGENCY:
SUMMARY: This final rule removes the
reporting requirements for five annual
surveys covering international trade in
services. The five annual surveys being
discontinued are: BE–36, BE–47, BE–48,
BE–82, and BE–93. The surveys are
being discontinued because they have
been replaced by quarterly surveys that
collect essentially the same information.
Jkt 205001
In the May
5, 2005 Federal Register, 70 FR 23811–
23813, the Bureau of Economic Analysis
(BEA) published a notice of proposed
rulemaking to remove the reporting
requirements for five annual surveys
covering international trade in services.
No comments on the proposed rule were
received. Thus, the provisions in the
proposed rule are adopted without
change. This final rule amends 15 CFR
part 801 by revising Section 801.9(b) to
remove the reporting requirements for
five annual surveys that collect data
covering international trade in services.
The five surveys are:
SUPPLEMENTARY INFORMATION:
Bureau of Economic Analysis
11:00 Aug 16, 2005
Effective Date: This final rule
will be effective at 5 p.m. September 16,
2005.
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 e-mail
obie.whichard@bea.gov.
DATES:
By order of the Board of Governors of the
Federal Reserve System, August 12, 2005.
Jennifer J. Johnson,
Secretary of the Board.
[FR Doc. 05–16322 Filed 8–16–05; 8:45 am]
VerDate jul<14>2003
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depository institutions under § 201.4(b)
are:
Federal Reserve Bank
*
4.50
4.50
4.50
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Effective
BE–36, Foreign Airline Operators’
Revenues and Expenses in the United States.
BE–47, Annual Survey of Construction,
Engineering, Architectural, and Mining
Services Provided by U.S. Firms to
Unaffiliated Foreign Persons.
BE–48, Annual Survey of Reinsurance and
Other Insurance Transactions by U.S.
Insurance Companies with Foreign Persons.
PO 00000
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Effective
August
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9, 2005.
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9, 2005.
9, 2005.
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9, 2005.
10, 2005.
9, 2005.
9, 2005.
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9, 2005.
BE–82, Annual Survey of Financial
Services Transactions Between U.S.
Financial Services Providers and Unaffiliated
Foreign Persons.
BE–93, Annual Survey of Royalties,
License Fees, and Other Receipts and
Payments for Intangible Rights Between U.S.
and Unaffiliated Foreign Persons.
BEA is removing the reporting
requirements for these five annual
surveys because the information is now
being collected on four separate
quarterly surveys. Specifically, the BE–
9, Quarterly Survey of Foreign Airline
Operators’ Revenues and Expenses in
the United States, replaces the BE–36
survey; the BE–25, Quarterly Survey of
Transactions Between U.S. and
Unaffiliated Foreign Persons in Selected
Services and in Intangible Assets,
replaces the BE–47 and BE–93 surveys;
the BE–45, Quarterly Survey of
Insurance Transactions by U.S.
Insurance Companies with Foreign
Persons, replaces the BE–48 survey; and
the BE–85, Quarterly Survey of
Financial Services Transactions
Between U.S. Financial Services
Providers and Unaffiliated Foreign
Persons, replaces the BE–82 survey.
BEA began collecting data on these
quarterly surveys in 2004.
E:\FR\FM\17AUR1.SGM
17AUR1
Federal Register / Vol. 70, No. 158 / Wednesday, August 17, 2005 / Rules and Regulations
Executive Order 12866
§ 801.9
This final rule has been determined to
be not significant for purposes of E.O.
12866.
*
Executive Order 13132
This final rule does not contain
policies with federalism implications as
that term is defined in E.O. 13132.
Regulatory Flexibility Act
The Chief Counsel for Regulation
certified to the Chief Counsel for
Advocacy of the Small Business
Administration that this rule will not
have a significant economic impact on
a substantial number of small entities as
that term is defined in the Regulatory
Flexibility Act, 5 U.S.C. 601 et seq. The
factual basis for this certification was
published in the proposed rule. No
comments were received regarding the
economic impact of this rule. As a
result, no final regulatory flexibility
analysis was prepared.
Paperwork Reduction Act
The surveys being discontinued by
this rule have been approved by the
Office of Management and Budget
(OMB) under the Paperwork Reduction
Act under the following OMB control
numbers: 0608–0013 (BE–36 survey),
0608–0015 (BE–47 survey), 0608–0016
(BE–48 survey), 0608–0017 (BE–93
survey), and 0608–0063 (BE–82 survey).
OMB approved the quarterly surveys
under the following OMB control
numbers: 0608–0068 (BE–9 survey);
0608–0067 (BE–25 survey); 0608–0066
(BE–45 survey); and 0608–0065 (BE–85
survey).
List of Subjects in 15 CFR Part 801
International transactions, Economic
statistics, Foreign trade, Penalties,
Reporting and recordkeeping
requirements.
J. Steven Landefeld,
Director, Bureau of Economic Analysis.
For the reasons set forth in the
preamble, BEA amends 15 CFR part 801,
as follows:
I
PART 801—SURVEY OF
INTERNATIONAL TRADE IN SERVICES
BETWEEN U.S. AND FOREIGN
PERSONS
1. The authority citation for 15 CFR
part 801 continues to read as follows:
I
Authority: 5 U.S.C. 301; 15 U.S.C. 4908; 22
U.S.C. 3101–3108; and E.O. 11961, 3 CFR,
1977 Comp., p. 86, as amended by E.O.
12318, 3 CFR, 1981 Comp., p. 173, and E.O.
12518, 3 CFR, 1985 Comp., p. 348.
2. Section 801.9(b) is revised to read as
follows:
I
VerDate jul<14>2003
14:39 Aug 16, 2005
Jkt 205001
Reports required.
*
*
*
*
(b) Annual surveys. (1) BE–29,
Foreign Ocean Carriers’ Expenses in the
United States:
(i) Who must report. A BE–29 report
is required from U.S. agents on behalf of
foreign ocean carriers transporting
freight or passengers to or from the
United States. U.S. agents are steamship
agents and other persons representing
foreign carriers in arranging ocean
transportation of freight and cargo
between U.S. and foreign ports and in
arranging port services in the United
States. Foreign carriers are foreign
persons that own or operate ocean going
vessels calling at U.S. ports, including
VLCC tankers discharging petroleum
offshore to pipelines and lighter vessels
destined for U.S. ports. They include
carriers who own or who operate their
own or chartered (United States or
foreign-flag) vessels. They also include
foreign subsidiaries of U.S. companies
operating their own or chartered vessels
as carriers for their own accounts.
Where the vessels under foreign registry
are operated directly by a U.S. carrier
for its own account, the operations of
such vessels should be reported on
Form BE–30, Ocean Freight Revenues
and Foreign Expenses of United States
Carriers. The Bureau of Economic
Analysis may, in lieu of BE–29 reports
required from foreign carriers’ U.S.
agents, accept consolidated reports from
foreign governments covering the
operations of their national shipping
concerns when, in the Bureau’s
discretion, such consolidated reports
would provide the required information.
Where such reports are accepted, the
individual reports from foreign carriers’
U.S. agents will not be required.
(ii) Exemption. Any U.S. person
otherwise required to report is
exempted from reporting if the total
number of port calls by foreign vessels
handled in the reporting period is less
than forty or total covered expenses are
less than $250,000. For example, if an
agent handled less than 40 port calls in
a calendar year, the agent is exempted
from reporting. If the agent handled 40
or more calls, the agent must report
unless covered expenses for all foreign
carriers handled by the agent were less
than $250,000. The determination of
whether a U.S. person is exempt may be
based on the judgment of
knowledgeable persons who can
identify reportable transactions without
conducting a detailed manual records
search.
(2) BE–22, Annual Survey of Selected
Services Transactions With Unaffiliated
Foreign Persons:
PO 00000
Frm 00003
Fmt 4700
Sfmt 4700
48271
(i) Who must report—(A) Mandatory
reporting. A BE–22 report is required
from each U.S. person who had
transactions (either sales or purchases)
in excess of $1,000,000 with unaffiliated
foreign persons in any of the covered
services during the U.S. person’s fiscal
year. The determination of whether a
U.S. person is subject to this mandatory
reporting requirement may be
judgmental, that is, based on the
judgment of knowledgeable persons in a
company who can identify reportable
transactions on a recall basis, with a
reasonable degree of certainty without
conducting a detailed manual records
search.
(B) Voluntary reporting. If, during the
U.S. person’s fiscal year, the U.S.
person’s total transactions (either sales
or purchases) in any of the covered
services is $1,000,000 or less, the U.S.
person is requested to provide an
estimate of the total for each type of
service. Provision of this information is
voluntary. The estimates may be
judgmental, that is, based on recall,
without conducting a detailed manual
records search.
(C) Any U.S. person receiving a BE–
22 survey form from BEA must
complete all relevant parts of the form
and return the form to BEA. A person
that is not subject to the mandatory
reporting requirement in paragraph
(b)(2)(i)(A) of this section and is not
filing information on a voluntary basis
must only complete the ‘‘Determination
of reporting status’’ and the
‘‘Certification’’ sections of the survey.
This requirement is necessary to ensure
compliance with the reporting
requirements and efficient
administration of the survey by
eliminating unnecessary followup
contact.
(ii) Covered services. The covered
services are: Advertising services;
auxiliary insurance services (by noninsurance companies only); educational
and training services; financial services
(purchases only by non-financial
services providers); medical services,
inpatient (receipts only); medical
services, other than inpatient (receipts
only); merchanting services (receipts
only); mining services; disbursements to
fund news-gathering costs of
broadcasters; disbursements to fund
news-gathering costs of print media;
disbursements to fund productions costs
of motion pictures; disbursements to
fund production costs of broadcast
program material other than news;
disbursements to maintain government
tourism and business promotion offices;
disbursements for sales promotion and
representation; disbursements to
participate in foreign trade shows
E:\FR\FM\17AUR1.SGM
17AUR1
48272
Federal Register / Vol. 70, No. 158 / Wednesday, August 17, 2005 / Rules and Regulations
(purchases only); other trade-related
services; performing arts, sports, and
other live performances, presentations,
and events; primary insurance
premiums (payments only); primary
insurance losses recovered; sale or
purchase of rights to natural resources,
and lease bonus payments; use or lease
of rights to natural resources, excluding
lease bonus payments; waste treatment
and depollution services; and other
private services (language translation
services; salvage services; security
services; account collection services;
satellite photography and remote
sensing/satellite imagery services; space
transport (includes satellite launches,
transport of goods and people for
scientific experiments, and space
passenger transport); and transcription
services).
*
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[FR Doc. 05–16305 Filed 8–16–05; 8:45 am]
BILLING CODE 3510–06–P
DEPARTMENT OF HEALTH AND
HUMAN SERVICES
Food and Drug Administration
21 CFR Part 510
New Animal Drugs; Change of
Sponsor’s Address
AGENCY:
Food and Drug Administration,
HHS.
ACTION:
Final rule.
SUMMARY: The Food and Drug
Administration (FDA) is amending the
animal drug regulations to reflect a
change of sponsor’s address for Peptech
Animal Health Pty, Ltd.
DATES: This rule is effective August 17,
2005.
FOR FURTHER INFORMATION CONTACT:
David R. Newkirk, Center for Veterinary
Medicine (HFV–100), Food and Drug
Administration, 7500 Standish Pl.,
Rockville, MD 20855, 301–827–6967, email: david.newkirk@fda.gov.
SUPPLEMENTARY INFORMATION: Peptech
Animal Health Pty, Ltd., 35–41
Waterloo Rd., North Ryde, New South
Wales 2113, Australia has informed
FDA of a change of address to 19–25
Khartoum Rd., Macquarie Park, New
South Wales 2113, Australia.
Accordingly, the agency is amending
the regulations in 21 CFR 510.600(c) to
reflect the change.
This rule does not meet the definition
of ‘‘rule’’ in 5 U.S.C. 804(3)(A) because
it is a rule of ‘‘particular applicability.’’
Therefore, it is not subject to the
congressional review requirements in 5
U.S.C. 801–808.
VerDate jul<14>2003
11:00 Aug 16, 2005
Jkt 205001
List of Subjects in 21 CFR Part 510
Administrative practice and
procedure, Animal drugs, Labeling,
Reporting and recordkeeping
requirements.
Therefore, under the Federal Food,
Drug, and Cosmetic Act and under
authority delegated to the Commissioner
of Food and Drugs and redelegated to the
Center for Veterinary Medicine, 21 CFR
part 510 is amended as follows:
I
PART 510—NEW ANIMAL DRUGS
DEPARTMENT OF HEALTH AND
HUMAN SERVICES
Food and Drug Administration
21 CFR Part 522
Implantation or Injectable Dosage
Form New Animal Drugs;
Phenylbutazone Injection
AGENCY:
Food and Drug Administration,
HHS.
ACTION:
Final rule.
SUMMARY: The Food and Drug
Administration (FDA) is amending the
animal drug regulations to reflect
approval of an abbreviated new animal
Authority: 21 U.S.C. 321, 331, 351, 352,
drug application (ANADA) filed by
353, 360b, 371, 379e.
Sparhawk Laboratories, Inc. The
ANADA provides for the veterinary
I 2. Section 510.600 is amended in the
prescription use of phenylbutazone
table in paragraph (c)(1) by revising the
injectable solution in horses for relief of
entry for ‘‘Peptech Animal Health Pty,
Ltd.’’; and in the table in paragraph (c)(2) inflammatory conditions associated
with the musculoskeletal system.
by revising the entry for ‘‘064288’’ to
read as follows:
DATES: This rule is effective August 17,
2005.
§ 510.600 Names, addresses, and drug
FOR FURTHER INFORMATION CONTACT: John
labeler codes of sponsors of approved
K. Harshman, Center for Veterinary
applications.
Medicine (HFV 104), Food and Drug
*
*
*
*
*
Administration, 7500 Standish Pl.,
(c) * * *
Rockville, MD 20855, 240–276–9808, email: john.harshman@fda.gov.
(1) * * *
SUPPLEMENTARY INFORMATION: Sparhawk
Laboratories, Inc., 12340 Santa Fe Trail
Drug labeler
Firm name and address
code
Dr., Lenexa , KS 66215–3591, filed
ANADA 200–371 for the use of
Phenylbutazone 20% Injection by
*
*
*
*
*
veterinary prescription for relief of
Peptech Animal Health Pty, 064288
inflammatory conditions associated
Ltd., 19–25 Khartoum
with the musculoskeletal system in
Rd., Macquarie Park,
horses. Sparhawk Laboratories, Inc.’s,
New South Wales 2113,
Phenylbutazone 20% Injection is
Australia.
approved as a generic copy of Schering*
*
*
*
*
Plough Animal Health Corp.’s,
BUTAZOLIDIN Injectable 20%,
(2) * * *
approved under NADA 11–575. The
ANADA is approved as of July 8, 2005,
Drug labeler
Firm name and adand the regulations in 21 CFR 522.1720
code
dress
are amended to reflect the approval. The
basis of approval is discussed in the
*
*
*
*
*
freedom of information(FOI) summary.
064288 .................... Peptech Animal
In accordance with the FOI provisions
Health Pty, Ltd.,
of 21 CFR part 20 and 21 CFR
19–25 Khartoum
514.11(e)(2)(ii), a summary of safety and
Rd., Macquarie
effectiveness data and information
Park, New South
submitted to support approval of this
Wales 2113, Ausapplication may be seen in the Division
tralia
of Dockets Management (HFA–305),
*
*
*
*
*
Food and Drug Administration, 5630
Fishers Lane, rm. 1061, Rockville, MD
July 28, 2005.
20852, between 9 a.m. and 4 p.m.,
Bernadette A. Dunham,
Monday through Friday.
Deputy Director, Office of New Animal Drug
The agency has determined under 21
Evaluation, Center for Veterinary Medicine.
CFR 25.33(a)(1) that this action is of a
[FR Doc. 05–16280 Filed 8–16–05; 8:45 am]
type that does not individually or
cumulatively have a significant effect on
BILLING CODE 4160–01–S
the human environment. Therefore,
1. The authority citation for 21 CFR
part 510 continues to read as follows:
I
PO 00000
Frm 00004
Fmt 4700
Sfmt 4700
E:\FR\FM\17AUR1.SGM
17AUR1
]]>Agencies
[Federal Register Volume 70, Number 158 (Wednesday, August 17, 2005)]
[Rules and Regulations]
[Pages 48270-48272]
From the Federal Register Online via the Government Printing Office [www.gpo.gov]
[FR Doc No: 05-16305]
=======================================================================
-----------------------------------------------------------------------
DEPARTMENT OF COMMERCE
Bureau of Economic Analysis
15 CFR Part 801
[Docket No. 050406094-5201-02]
RIN 0691-AA59
International Services Surveys: Cancellation of Five Annual
Surveys
AGENCY: Bureau of Economic Analysis, Commerce.
ACTION: Final rule.
-----------------------------------------------------------------------
SUMMARY: This final rule removes the reporting requirements for five
annual surveys covering international trade in services. The five
annual surveys being discontinued are: BE-36, BE-47, BE-48, BE-82, and
BE-93. The surveys are being discontinued because they have been
replaced by quarterly surveys that collect essentially the same
information.
DATES: Effective Date: This final rule will be effective at 5 p.m.
September 16, 2005.
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
e-mail obie.whichard@bea.gov.
SUPPLEMENTARY INFORMATION: In the May 5, 2005 Federal Register, 70 FR
23811-23813, the Bureau of Economic Analysis (BEA) published a notice
of proposed rulemaking to remove the reporting requirements for five
annual surveys covering international trade in services. No comments on
the proposed rule were received. Thus, the provisions in the proposed
rule are adopted without change. This final rule amends 15 CFR part 801
by revising Section 801.9(b) to remove the reporting requirements for
five annual surveys that collect data covering international trade in
services. The five surveys are:
BE-36, Foreign Airline Operators' Revenues and Expenses in the
United States.
BE-47, Annual Survey of Construction, Engineering,
Architectural, and Mining Services Provided by U.S. Firms to
Unaffiliated Foreign Persons.
BE-48, Annual Survey of Reinsurance and Other Insurance
Transactions by U.S. Insurance Companies with Foreign Persons.
BE-82, Annual Survey of Financial Services Transactions Between
U.S. Financial Services Providers and Unaffiliated Foreign Persons.
BE-93, Annual Survey of Royalties, License Fees, and Other
Receipts and Payments for Intangible Rights Between U.S. and
Unaffiliated Foreign Persons.
BEA is removing the reporting requirements for these five annual
surveys because the information is now being collected on four separate
quarterly surveys. Specifically, the BE-9, Quarterly Survey of Foreign
Airline Operators' Revenues and Expenses in the United States, replaces
the BE-36 survey; the BE-25, Quarterly Survey of Transactions Between
U.S. and Unaffiliated Foreign Persons in Selected Services and in
Intangible Assets, replaces the BE-47 and BE-93 surveys; the BE-45,
Quarterly Survey of Insurance Transactions by U.S. Insurance Companies
with Foreign Persons, replaces the BE-48 survey; and the BE-85,
Quarterly Survey of Financial Services Transactions Between U.S.
Financial Services Providers and Unaffiliated Foreign Persons, replaces
the BE-82 survey. BEA began collecting data on these quarterly surveys
in 2004.
[[Page 48271]]
Executive Order 12866
This final rule has been determined to be not significant for
purposes of E.O. 12866.
Executive Order 13132
This final rule does not contain policies with federalism
implications as that term is defined in E.O. 13132.
Regulatory Flexibility Act
The Chief Counsel for Regulation certified to the Chief Counsel for
Advocacy of the Small Business Administration that this rule will not
have a significant economic impact on a substantial number of small
entities as that term is defined in the Regulatory Flexibility Act, 5
U.S.C. 601 et seq. The factual basis for this certification was
published in the proposed rule. No comments were received regarding the
economic impact of this rule. As a result, no final regulatory
flexibility analysis was prepared.
Paperwork Reduction Act
The surveys being discontinued by this rule have been approved by
the Office of Management and Budget (OMB) under the Paperwork Reduction
Act under the following OMB control numbers: 0608-0013 (BE-36 survey),
0608-0015 (BE-47 survey), 0608-0016 (BE-48 survey), 0608-0017 (BE-93
survey), and 0608-0063 (BE-82 survey). OMB approved the quarterly
surveys under the following OMB control numbers: 0608-0068 (BE-9
survey); 0608-0067 (BE-25 survey); 0608-0066 (BE-45 survey); and 0608-
0065 (BE-85 survey).
List of Subjects in 15 CFR Part 801
International transactions, Economic statistics, Foreign trade,
Penalties, Reporting and recordkeeping requirements.
J. Steven Landefeld,
Director, Bureau of Economic Analysis.
0
For the reasons set forth in the preamble, BEA amends 15 CFR part 801,
as follows:
PART 801--SURVEY OF INTERNATIONAL TRADE IN SERVICES BETWEEN U.S.
AND FOREIGN PERSONS
0
1. The authority citation for 15 CFR part 801 continues to read as
follows:
Authority: 5 U.S.C. 301; 15 U.S.C. 4908; 22 U.S.C. 3101-3108;
and E.O. 11961, 3 CFR, 1977 Comp., p. 86, as amended by E.O. 12318,
3 CFR, 1981 Comp., p. 173, and E.O. 12518, 3 CFR, 1985 Comp., p.
348.
0
2. Section 801.9(b) is revised to read as follows:
Sec. 801.9 Reports required.
* * * * *
(b) Annual surveys. (1) BE-29, Foreign Ocean Carriers' Expenses in
the United States:
(i) Who must report. A BE-29 report is required from U.S. agents on
behalf of foreign ocean carriers transporting freight or passengers to
or from the United States. U.S. agents are steamship agents and other
persons representing foreign carriers in arranging ocean transportation
of freight and cargo between U.S. and foreign ports and in arranging
port services in the United States. Foreign carriers are foreign
persons that own or operate ocean going vessels calling at U.S. ports,
including VLCC tankers discharging petroleum offshore to pipelines and
lighter vessels destined for U.S. ports. They include carriers who own
or who operate their own or chartered (United States or foreign-flag)
vessels. They also include foreign subsidiaries of U.S. companies
operating their own or chartered vessels as carriers for their own
accounts. Where the vessels under foreign registry are operated
directly by a U.S. carrier for its own account, the operations of such
vessels should be reported on Form BE-30, Ocean Freight Revenues and
Foreign Expenses of United States Carriers. The Bureau of Economic
Analysis may, in lieu of BE-29 reports required from foreign carriers'
U.S. agents, accept consolidated reports from foreign governments
covering the operations of their national shipping concerns when, in
the Bureau's discretion, such consolidated reports would provide the
required information. Where such reports are accepted, the individual
reports from foreign carriers' U.S. agents will not be required.
(ii) Exemption. Any U.S. person otherwise required to report is
exempted from reporting if the total number of port calls by foreign
vessels handled in the reporting period is less than forty or total
covered expenses are less than $250,000. For example, if an agent
handled less than 40 port calls in a calendar year, the agent is
exempted from reporting. If the agent handled 40 or more calls, the
agent must report unless covered expenses for all foreign carriers
handled by the agent were less than $250,000. The determination of
whether a U.S. person is exempt may be based on the judgment of
knowledgeable persons who can identify reportable transactions without
conducting a detailed manual records search.
(2) BE-22, Annual Survey of Selected Services Transactions With
Unaffiliated Foreign Persons:
(i) Who must report--(A) Mandatory reporting. A BE-22 report is
required from each U.S. person who had transactions (either sales or
purchases) in excess of $1,000,000 with unaffiliated foreign persons in
any of the covered services during the U.S. person's fiscal year. The
determination of whether a U.S. person is subject to this mandatory
reporting requirement may be judgmental, that is, based on the judgment
of knowledgeable persons in a company who can identify reportable
transactions on a recall basis, with a reasonable degree of certainty
without conducting a detailed manual records search.
(B) Voluntary reporting. If, during the U.S. person's fiscal year,
the U.S. person's total transactions (either sales or purchases) in any
of the covered services is $1,000,000 or less, the U.S. person is
requested to provide an estimate of the total for each type of service.
Provision of this information is voluntary. The estimates may be
judgmental, that is, based on recall, without conducting a detailed
manual records search.
(C) Any U.S. person receiving a BE-22 survey form from BEA must
complete all relevant parts of the form and return the form to BEA. A
person that is not subject to the mandatory reporting requirement in
paragraph (b)(2)(i)(A) of this section and is not filing information on
a voluntary basis must only complete the ``Determination of reporting
status'' and the ``Certification'' sections of the survey. This
requirement is necessary to ensure compliance with the reporting
requirements and efficient administration of the survey by eliminating
unnecessary followup contact.
(ii) Covered services. The covered services are: Advertising
services; auxiliary insurance services (by non-insurance companies
only); educational and training services; financial services (purchases
only by non-financial services providers); medical services, inpatient
(receipts only); medical services, other than inpatient (receipts
only); merchanting services (receipts only); mining services;
disbursements to fund news-gathering costs of broadcasters;
disbursements to fund news-gathering costs of print media;
disbursements to fund productions costs of motion pictures;
disbursements to fund production costs of broadcast program material
other than news; disbursements to maintain government tourism and
business promotion offices; disbursements for sales promotion and
representation; disbursements to participate in foreign trade shows
[[Page 48272]]
(purchases only); other trade-related services; performing arts,
sports, and other live performances, presentations, and events; primary
insurance premiums (payments only); primary insurance losses recovered;
sale or purchase of rights to natural resources, and lease bonus
payments; use or lease of rights to natural resources, excluding lease
bonus payments; waste treatment and depollution services; and other
private services (language translation services; salvage services;
security services; account collection services; satellite photography
and remote sensing/satellite imagery services; space transport
(includes satellite launches, transport of goods and people for
scientific experiments, and space passenger transport); and
transcription services).
* * * * *
[FR Doc. 05-16305 Filed 8-16-05; 8:45 am]
BILLING CODE 3510-06-P
