Proposed Information Collection; Comment Request; Direct Investment Surveys: BE-15, Annual Survey of Foreign Direct Investment in the United States, 32933-32934 [2015-14188]

Download as PDF Federal Register / Vol. 80, No. 111 / Wednesday, June 10, 2015 / Notices spreadsheets from the Census Bureau’s Web site. Also provided is a spreadsheet programmed to consolidate the information from the various areas of the company so it can be simply uploaded into the web instrument. Research, development and innovation are important to competitiveness in today’s economy, and domestic and foreign researchers in academia, business, and government analyze and cite data from the BRDIS. Among the federal government users are the Bureau of Economic Analysis (BEA) and the White House’s Office of Science and Technology Policy (OSTP). BEA includes R&D in the system of national accounts that measures the economic well-being of the country. BRDIS data are key inputs into these accounts, which feed into the calculation of the U.S. Gross Domestic Product (GDP). The White House, in 2006, issued the American Competitiveness Initiative to ‘‘increase investments in research and development, strengthen education, and encourage entrepreneurship.’’ In support of this initiative and in response to legislative mandates, data on R&D are delivered to OSTP, primarily in the biennial National Science Board report Science and Engineering Indicators. Also, the National Science Foundation (NSF) produces a series of publications containing R&D data including the National Patterns of R&D Resources series, the S&E State Profile series, and the annual Business R&D and Innovation series. Special reports and other publications are also prepared. asabaliauskas on DSK5VPTVN1PROD with NOTICES II. Method of Collection The Census Bureau will use a paperless strategy for the standard form (BRDI–1). Respondents will be mailed a letter referring them to the Census Bureau’s Business Help Site where they can complete the questionnaire online. They can also obtain a PDF version of the questionnaire or they can request a paper form be mailed to them. The screener is a mail out/mail back survey form (BRDI–1(S)); a Web-based collection option also will be available. Companies will be asked to respond within 60 days of the initial mail out. III. Data OMB Control Number: 0607–0912. Form Number: BRDI–1 & BRDI–1S. Type of Review: Regular submission. Affected Public: All for-profit (public or private), domestic businesses that have 5 or more paid employees and are classified in certain industries. Estimated Number of Respondents: BRDI–1—(Long Form) .......... VerDate Sep<11>2014 16:46 Jun 09, 2015 7,000 Jkt 235001 BRD–1(S)—(Short Form) ..... 32933 38,000 Act of 1995, Public Law 104–13 (44 U.S.C. 3506(c)(2)(A)). Total ............................... 45,000 DATES: Written comments must be submitted on or before August 10, 2015. Estimated Time per Response: ADDRESSES: Direct all written comments BRDI–1—(Long Form) .......... 14.85 hrs to Jennifer Jessup, Departmental BRD–1(S)—(Short Form) ..... .59 hrs Paperwork Clearance Officer, Department of Commerce, Room 6616, Estimated Total Annual Burden 14th and Constitution Avenue NW., Hours: 126,500. Washington, DC 20230, or via email at Estimated Total Annual Cost: $0. jjessup@doc.gov. Respondent’s Obligation: Mandatory. FOR FURTHER INFORMATION CONTACT: Legal Authority: Title 13 U.S.C. Requests for additional information or Section 131, 182, 224, and 225. copies of the information collection instrument and instructions should be IV. Request for Comments Comments are invited on: (a) Whether directed to Patricia Abaroa, Chief, Direct Investment Division (BE–50), Bureau of the proposed collection of information Economic Analysis, U.S. Department of is necessary for the proper performance of the functions of the agency, including Commerce, Washington, DC 20230; phone: (202) 606–9591; or via email at whether the information shall have patricia.abaroa@bea.gov. practical utility; (b) the accuracy of the SUPPLEMENTARY INFORMATION: agency’s estimate of the burden (including hours and cost) of the I. Abstract proposed collection of information; (c) The Annual Survey of Foreign Direct ways to enhance the quality, utility, and Investment in the United States (BE–15) clarity of the information to be obtains sample data on the financial collected; and (d) ways to minimize the structure and operations of foreignburden of the collection of information owned U.S. business enterprises. The on respondents, including through the data are needed to provide reliable, use of automated collection techniques useful, and timely measures of foreign or other forms of information direct investment in the United States to technology. assess its impact on the U.S. economy. Comments submitted in response to The sample data are used to derive this notice will be summarized and/or universe estimates in nonbenchmark included in the request for OMB years from similar data reported in the approval of this information collection; they also will become a matter of public BE–12 benchmark survey, which is conducted every five years. The data record. collected include balance sheets; Dated: June 5, 2015. income statements; property, plant, and Glenna Mickelson, equipment; employment and employee Management Analyst, Office of the Chief compensation; merchandise trade; sales Information Officer. of goods and services; taxes; and [FR Doc. 2015–14166 Filed 6–9–15; 8:45 am] research and development activity. In BILLING CODE 3510–07–P addition, several data items are collected by state, including employment and property, plant, and DEPARTMENT OF COMMERCE equipment. No changes to the survey forms or Bureau of Economic Analysis reporting requirements are proposed. Proposed Information Collection; Comment Request; Direct Investment Surveys: BE–15, Annual Survey of Foreign Direct Investment in the United States Bureau of Economic Analysis, Commerce. ACTION: Notice. AGENCY: 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 SUMMARY: PO 00000 Frm 00005 Fmt 4703 Sfmt 4703 II. Method of Collection BEA contacts potential respondents by mail in March of each year; responses covering a reporting company’s fiscal year ending during the previous calendar year are due by May 31 (or by June 30 for respondents that file using BEA’s eFile system). Reports are required from each U.S. business enterprise in which a foreign person has at least 10 percent of the voting stock in an incorporated business enterprise, or an equivalent interest in an unincorporated business enterprise, and that meets the additional conditions detailed in the BE–15 forms and instructions. Entities required to report E:\FR\FM\10JNN1.SGM 10JNN1 32934 Federal Register / Vol. 80, No. 111 / Wednesday, June 10, 2015 / Notices will be contacted individually by BEA. Entities not contacted by BEA have no reporting responsibilities. BEA offers electronic filing through its eFile system for use in reporting on the BE–15 annual survey forms. In addition, BEA posts all its survey forms and reporting instructions on its Web site (www.bea.gov/fdi). These may be downloaded, completed, printed, and submitted via fax or mail. Potential respondents of the BE–15 are selected from those U.S. business enterprises that were required to report on the 2012 BE–12, Benchmark Survey of Foreign Direct Investment in the United States, along with those U.S. business enterprises that subsequently entered the direct investment universe. The BE–15 is a sample survey, as described; universe estimates are developed from the reported sample data. III. Data OMB Control Number: 0608–0034. Form Number: BE–15. Type of Review: Regular submission. Affected Public: Businesses or other for-profit organizations. Estimated Number of Respondents: 4,800 annually, of which approximately 1,800 file A forms, 1,100 file B forms, 1,400 file C forms, and 500 file Claims for Exemption. Estimated Total Annual Burden Hours: 88,625 hours. Total annual burden is calculated by multiplying the estimated number of submissions of each form by the average hourly burden per form, which is 44.5 hours for the A form, 4 hours for the B form, 1.75 hours for the C form, and 1 hour for the Claim for Exemption form. Estimated Time per Respondent: 18.5 hours per respondent (88,625 hours/ 4,800 respondents) is the average, but may vary considerably among respondents because of differences in company size and complexity. Estimated Total Annual Cost to Public: $0. Respondent’s Obligation: Mandatory. Legal Authority: International Investment and Trade in Services Survey Act (Pub. L. 94–472, 22 U.S.C. 3101–3108, as amended). asabaliauskas on DSK5VPTVN1PROD with NOTICES 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 will have 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 VerDate Sep<11>2014 16:46 Jun 09, 2015 Jkt 235001 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 included in the request for OMB approval of this information collection; they also will become a matter of public record. Dated: June 5, 2015. Glenna Mickelson, Management Analyst, Office of Chief Information Officer. [FR Doc. 2015–14188 Filed 6–9–15; 8:45 am] BILLING CODE 3510–06–P DEPARTMENT OF COMMERCE Bureau of Economic Analysis Proposed Information Collection; Comment Request; Direct Investment Surveys: BE–11, Annual Survey of U.S. Direct Investment Abroad Bureau of Economic Analysis, Department of Commerce. ACTION: Notice. AGENCY: 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 August 10, 2015. ADDRESSES: Direct all written comments to Jennifer Jessup, Departmental Paperwork Clearance Officer, Department of Commerce, Room 6616, 14th and Constitution Avenue NW., Washington, DC 20230, or via email at jjessup@doc.gov. FOR FURTHER INFORMATION CONTACT: Requests for additional information or copies of the information collection instrument and instructions should be directed to Patricia Abaroa, Chief, Direct Investment Division (BE–50), Bureau of Economic Analysis, U.S. Department of Commerce, Washington, DC 20230; phone: (202) 606–9591; or via email at patricia.abaroa@bea.gov. SUPPLEMENTARY INFORMATION: SUMMARY: I. Abstract The Annual Survey of U.S. Direct Investment Abroad (BE–11) obtains PO 00000 Frm 00006 Fmt 4703 Sfmt 4703 sample data on the financial structure and operations of U.S. parents and their foreign affiliates. The data are needed to provide reliable, useful, and timely measures of U.S. direct investment abroad to assess its impact on the U.S. and foreign economies. The sample data are used to derive universe estimates in nonbenchmark years from similar data reported in the BE–10, Benchmark Survey of U.S. Direct Investment Abroad, which is conducted every five years. The data collected include 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, as proposed, incorporates two changes that were made to the 2014 BE–10, Benchmark Survey of U.S. Direct Investment Abroad, and five new proposed changes. The following two questions that were added to the 2014 benchmark survey will be added to the BE–11 survey: (1) A question to collect the city in which each foreign affiliate is located; and (2) for majority-owned foreign affiliates with assets, sales, or net income greater than $300 million, a question to collect data on cash and cash equivalents on the balance sheet. Other proposed changes are: (1) Two items will be added to the balance sheet section for the U.S. reporter: (i) Equity investments in foreign affiliates, and (ii) all other assets; (2) a question will be added to collect the form of organization of the U.S. reporter; (3) a question will be added to collect expenditures for research and development performed by new foreign affiliates with assets, sales, or net income between $25 million and $60 million; (4) a question will be added to the Claim for Not Filing form to collect the names and BEA ID numbers of any foreign affiliates for which BEA requested a filing but which did not meet the filing criteria; and (5) the BE– 11E (abbreviated) sample form for foreign affiliates will be eliminated. The exemption level for reporting on the proposed survey is unchanged from the 2013 BE–11 survey. II. Method of Collection BEA contacts potential respondents by mail in March of each year; responses covering a reporting company’s fiscal year ending during the previous calendar year are due by May 31. 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 E:\FR\FM\10JNN1.SGM 10JNN1

Agencies

[Federal Register Volume 80, Number 111 (Wednesday, June 10, 2015)]
[Notices]
[Pages 32933-32934]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 2015-14188]


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DEPARTMENT OF COMMERCE

Bureau of Economic Analysis


Proposed Information Collection; Comment Request; Direct 
Investment Surveys: BE-15, Annual Survey of Foreign Direct Investment 
in the United States

AGENCY: Bureau of Economic Analysis, Commerce.

ACTION: Notice.

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

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 August 10, 2015.

ADDRESSES: Direct all written comments to Jennifer Jessup, Departmental 
Paperwork Clearance Officer, Department of Commerce, Room 6616, 14th 
and Constitution Avenue NW., Washington, DC 20230, or via email at 
jjessup@doc.gov.

FOR FURTHER INFORMATION CONTACT: Requests for additional information or 
copies of the information collection instrument and instructions should 
be directed to Patricia Abaroa, Chief, Direct Investment Division (BE-
50), Bureau of Economic Analysis, U.S. Department of Commerce, 
Washington, DC 20230; phone: (202) 606-9591; or via email at 
patricia.abaroa@bea.gov.

SUPPLEMENTARY INFORMATION: 

I. Abstract

    The Annual Survey of Foreign Direct Investment in the United States 
(BE-15) obtains sample data on the financial structure and operations 
of foreign-owned U.S. business enterprises. The data are needed to 
provide reliable, useful, and timely measures of foreign direct 
investment in the United States to assess its impact on the U.S. 
economy. The sample data are used to derive universe estimates in 
nonbenchmark years from similar data reported in the BE-12 benchmark 
survey, which is conducted every five years. The data collected include 
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. In 
addition, several data items are collected by state, including 
employment and property, plant, and equipment.
    No changes to the survey forms or reporting requirements are 
proposed.

II. Method of Collection

    BEA contacts potential respondents by mail in March of each year; 
responses covering a reporting company's fiscal year ending during the 
previous calendar year are due by May 31 (or by June 30 for respondents 
that file using BEA's eFile system). Reports are required from each 
U.S. business enterprise in which a foreign person has at least 10 
percent of the voting stock in an incorporated business enterprise, or 
an equivalent interest in an unincorporated business enterprise, and 
that meets the additional conditions detailed in the BE-15 forms and 
instructions. Entities required to report

[[Page 32934]]

will be contacted individually by BEA. Entities not contacted by BEA 
have no reporting responsibilities.
    BEA offers electronic filing through its eFile system for use in 
reporting on the BE-15 annual survey forms. In addition, BEA posts all 
its survey forms and reporting instructions on its Web site 
(www.bea.gov/fdi). These may be downloaded, completed, printed, and 
submitted via fax or mail.
    Potential respondents of the BE-15 are selected from those U.S. 
business enterprises that were required to report on the 2012 BE-12, 
Benchmark Survey of Foreign Direct Investment in the United States, 
along with those U.S. business enterprises that subsequently entered 
the direct investment universe. The BE-15 is a sample survey, as 
described; universe estimates are developed from the reported sample 
data.

III. Data

    OMB Control Number: 0608-0034.
    Form Number: BE-15.
    Type of Review: Regular submission.
    Affected Public: Businesses or other for-profit organizations.
    Estimated Number of Respondents: 4,800 annually, of which 
approximately 1,800 file A forms, 1,100 file B forms, 1,400 file C 
forms, and 500 file Claims for Exemption.
    Estimated Total Annual Burden Hours: 88,625 hours. Total annual 
burden is calculated by multiplying the estimated number of submissions 
of each form by the average hourly burden per form, which is 44.5 hours 
for the A form, 4 hours for the B form, 1.75 hours for the C form, and 
1 hour for the Claim for Exemption form.
    Estimated Time per Respondent: 18.5 hours per respondent (88,625 
hours/4,800 respondents) is the average, but may vary considerably 
among respondents because of differences in company size and 
complexity.
    Estimated Total Annual Cost to Public: $0.
    Respondent's Obligation: Mandatory.
    Legal Authority: International Investment and Trade in Services 
Survey Act (Pub. L. 94-472, 22 U.S.C. 3101-3108, as amended).

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 will have 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 included in the request for OMB approval of this information 
collection; they also will become a matter of public record.

    Dated: June 5, 2015.
Glenna Mickelson,
Management Analyst, Office of Chief Information Officer.
[FR Doc. 2015-14188 Filed 6-9-15; 8:45 am]
 BILLING CODE 3510-06-P
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