BE-185: Quarterly Survey of Financial Services Transactions Between U.S. Financial Services Providers and Foreign Persons, 5166 [2013-01354]
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Federal Register / Vol. 78, No. 16 / Thursday, January 24, 2013 / Notices
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February 28, 2013, from 6 p.m. to 9 p.m.
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Office, 355 North Vernal Avenue in
Vernal, Utah. Written comments should
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84078. Comments may also be sent via
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erowe on DSK2VPTVN1PROD with
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Dated: January 14, 2013.
John R. Erickson,
Forest Supervisor.
[FR Doc. 2013–01341 Filed 1–23–13; 8:45 am]
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DEPARTMENT OF COMMERCE
Bureau of Economic Analysis
[Docket No. 130114042–3042–01]
XRIN 0691–XC009
BE–185: Quarterly Survey of Financial
Services Transactions Between U.S.
Financial Services Providers and
Foreign Persons
Bureau of Economic Analysis,
Commerce.
ACTION: Notice of reporting
requirements.
AGENCY:
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
Financial Services Transactions
between U.S. Financial Services
Providers and Foreign Persons (BE–
185). This mandatory survey is
conducted under the authority of the
International Investment and Trade in
Services Survey Act (22 U.S.C. 3101–
3108, as amended) and by Section 5408
of the Omnibus Trade and
Competitiveness Act of 1988 (15 U.S.C.
4908(b)).
SUPPLEMENTARY INFORMATION: This
Notice constitutes legal notification to
all United States persons (defined
below) who meet the reporting
requirements set forth in this Notice that
they must respond to, and comply with,
the survey. Reports are due 45 days after
the end of the U.S. person’s fiscal
quarter, except for the final quarter of
the U.S. person’s fiscal year when
reports must be filed within 90 days.
The BE–185 survey forms and
instructions are available on the BEA
Web site at www.bea.gov/surveys/
iussurv.htm.
SUMMARY:
Definitions
(a) 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 United States
Government, a State or local
government, and any agency,
corporation, financial institution, or
other entity or instrumentality thereof,
including a government-sponsored
agency).
(b) United States person means any
person resident in the United States or
subject to the jurisdiction of the United
States.
(c) Foreign person means any person
resident outside the United States or
PO 00000
Frm 00003
Fmt 4703
Sfmt 9990
subject to the jurisdiction of a country
other than the United States.
Who Must Report: Reports are
required from each U.S. person who: (a)
Had sales of covered financial services
to foreign persons that exceeded $20
million for the previous fiscal year or
are expected to exceed that amount
during the current fiscal year, or (b) had
purchases of covered financial services
from foreign persons that exceeded $15
million for the previous fiscal year or
are expected to exceed that amount
during the current fiscal year. Because
the thresholds are applied separately to
sales and purchases, the reporting
requirements may apply only to sales,
only to purchases, or to both sales and
purchases. Entities required to report
will be contacted individually by the
Bureau of Economic Analysis (BEA).
Entities not contacted by BEA have no
reporting responsibilities.
What To Report: The survey is
intended to collect information on
transactions in the covered financial
services between U.S. financial services
providers and foreign persons.
How To Report: Reports can be filed
via BEA’s electronic reporting system at
www.bea.gov/efile. Additionally, copies
of the survey forms and instructions,
which contain complete information on
reporting procedures and definitions,
can be obtained from the BEA Web site
given above in the Summary. Inquiries
can be made to BEA at (202) 606–5588.
When To Report: Reports are due to
BEA 45 days after the end of the fiscal
quarter, except for the final quarter of
the reporter’s fiscal year when reports
must be filed within 90 days.
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 0608–0065. 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. The estimated
average annual public reporting burden
for this collection of information is 10
hours per response. Send comments for
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 0608–0012,
Washington DC 20503.
J. Steven Landefeld,
Director, Bureau of Economic Analysis.
[FR Doc. 2013–01354 Filed 1–23–13; 8:45 am]
BILLING CODE 3510–06–P
E:\FR\FM\24JAN1.SGM
24JAN1
Agencies
[Federal Register Volume 78, Number 16 (Thursday, January 24, 2013)]
[Notices]
[Page 5166]
From the Federal Register Online via the Government Printing Office [www.gpo.gov]
[FR Doc No: 2013-01354]
=======================================================================
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DEPARTMENT OF COMMERCE
Bureau of Economic Analysis
[Docket No. 130114042-3042-01]
XRIN 0691-XC009
BE-185: Quarterly Survey of Financial Services Transactions
Between U.S. Financial Services Providers and Foreign Persons
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 Financial Services
Transactions between U.S. Financial Services Providers and Foreign
Persons (BE-185). This mandatory survey is conducted under the
authority of the International Investment and Trade in Services Survey
Act (22 U.S.C. 3101-3108, as amended) and by Section 5408 of the
Omnibus Trade and Competitiveness Act of 1988 (15 U.S.C. 4908(b)).
SUPPLEMENTARY INFORMATION: This Notice constitutes legal notification
to all United States persons (defined below) who meet the reporting
requirements set forth in this Notice that they must respond to, and
comply with, the survey. Reports are due 45 days after the end of the
U.S. person's fiscal quarter, except for the final quarter of the U.S.
person's fiscal year when reports must be filed within 90 days. The BE-
185 survey forms and instructions are available on the BEA Web site at
www.bea.gov/surveys/iussurv.htm.
Definitions
(a) 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 United States
Government, a State or local government, and any agency, corporation,
financial institution, or other entity or instrumentality thereof,
including a government-sponsored agency).
(b) United States person means any person resident in the United
States or subject to the jurisdiction of the United States.
(c) Foreign person means any person resident outside the United
States or subject to the jurisdiction of a country other than the
United States.
Who Must Report: Reports are required from each U.S. person who:
(a) Had sales of covered financial services to foreign persons that
exceeded $20 million for the previous fiscal year or are expected to
exceed that amount during the current fiscal year, or (b) had purchases
of covered financial services from foreign persons that exceeded $15
million for the previous fiscal year or are expected to exceed that
amount during the current fiscal year. Because the thresholds are
applied separately to sales and purchases, the reporting requirements
may apply only to sales, only to purchases, or to both sales and
purchases. Entities required to report will be contacted individually
by the Bureau of Economic Analysis (BEA). Entities not contacted by BEA
have no reporting responsibilities.
What To Report: The survey is intended to collect information on
transactions in the covered financial services between U.S. financial
services providers and foreign persons.
How To Report: Reports can be filed via BEA's electronic reporting
system at www.bea.gov/efile. Additionally, copies of the survey forms
and instructions, which contain complete information on reporting
procedures and definitions, can be obtained from the BEA Web site given
above in the Summary. Inquiries can be made to BEA at (202) 606-5588.
When To Report: Reports are due to BEA 45 days after the end of the
fiscal quarter, except for the final quarter of the reporter's fiscal
year when reports must be filed within 90 days.
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 0608-0065.
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. The estimated average annual public
reporting burden for this collection of information is 10 hours per
response. Send comments for 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 0608-0012, Washington DC 20503.
J. Steven Landefeld,
Director, Bureau of Economic Analysis.
[FR Doc. 2013-01354 Filed 1-23-13; 8:45 am]
BILLING CODE 3510-06-P