Proposed Information Collection; Comment Request; Direct Investment Surveys: BE-15, Annual Survey of Foreign Direct Investment in the United States, 23631-23633 [2018-10942]
Download as PDF
Federal Register / Vol. 83, No. 99 / Tuesday, May 22, 2018 / Notices
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
PRAcomments@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–49), Bureau of
Economic Analysis, U.S. Department of
Commerce, 4600 Silver Hill Rd,
Washington, DC 20233; via phone at
(301) 278–9591; or via email at
Patricia.Abaroa@bea.gov.
SUPPLEMENTARY INFORMATION:
BEA offers electronic filing through
its eFile system for use in reporting on
the BE–11 annual survey forms. In
addition, BEA posts all its survey forms
and reporting instructions on its website
(www.bea.gov/dia). These may be
downloaded, completed, printed, and
submitted via fax or mail.
Potential respondents of the BE–11
are selected from those U.S. parents that
reported owning foreign business
enterprises in the 2014 BE–10,
Benchmark Survey of U.S. Direct
Investment Abroad, along with entities
that subsequently entered the direct
investment universe. The BE–11 is a
sample survey; universe estimates are
developed from the reported sample
data.
I. Abstract
The Annual Survey of U.S. Direct
Investment Abroad (BE–11) obtains
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 Bureau of Economic Analysis
(BEA) proposes to add one question to
the BE–11 survey asking whether a
recent Financial Accounting Standards
Board (FASB) update on the treatment
of leases affects the statistics collected
on the survey.
III. Data
OMB Control Number: 0608–0053.
Form Number: BE–11.
Type of Review: Regular submission.
Affected Public: Business or other forprofit organizations.
Estimated Number of Respondents:
3,150 respondents (U.S. parents). A
complete response includes a BE–11 A
form for the U.S. parent’s domestic
operation and one or more BE–11 B, C,
or D forms for its foreign affiliates that
meet the BE–11 survey requirements.
BEA estimates that U.S. parents will
submit 3,150 A forms, 25,000 B forms,
1,500 C forms, 200 D forms, and 500
Claim for Exemption forms.
Estimated Total Annual Burden
Hours: 325,750 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 7 hours for the A
form, 12 hours for the B form, 2 hours
for the C form, 1 hour for the D form,
and 1 hour for the Claim for Exemption
form.
Estimated Time per Respondent:
103.4 hours per respondent (325,750
hours/3,150 U.S. parents) is the average,
but may vary considerably among
respondents because of differences in
company structure, complexity, and the
number of foreign affiliates each U.S.
parent must report.
Estimated Total Annual Cost to
Public: $0.
Respondent’s Obligation: Mandatory.
amozie on DSK3GDR082PROD with NOTICES1
ADDRESSES:
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
meets the additional conditions detailed
in the BE–11 forms and instructions.
Entities required to report will be
contacted individually by BEA. Entities
not contacted by BEA have no reporting
responsibilities.
VerDate Sep<11>2014
16:47 May 21, 2018
Jkt 241001
Legal Authority: International Investment
and Trade in Services Survey Act (P.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
PO 00000
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Fmt 4703
Sfmt 4703
23631
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.
Sheleen Dumas,
Departmental Lead PRA Officer, Office of
Chief Information Officer.
[FR Doc. 2018–10941 Filed 5–21–18; 8:45 am]
BILLING CODE 3510–06–P
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
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.
DATES: Written comments must be
submitted on or before July 23, 2018.
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
PRAcomments@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–49), Bureau of
Economic Analysis, U.S. Department of
Commerce, 4600 Silver Hill Rd,
Washington, DC 20233; or via email at
Patricia.Abaroa@bea.gov.
SUPPLEMENTARY INFORMATION:
SUMMARY:
E:\FR\FM\22MYN1.SGM
22MYN1
23632
Federal Register / Vol. 83, No. 99 / Tuesday, May 22, 2018 / Notices
amozie on DSK3GDR082PROD with NOTICES1
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 foreignowned 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 for
the U.S. operations. In addition to these
national data, several data items are
collected by state, including
employment and property, plant, and
equipment.
The survey, as proposed, incorporates
two changes that were made to the 2017
BE–12, Benchmark Survey of Foreign
Direct Investment in the United States
and seven new proposed changes. The
following two questions that were
added to the 2017 benchmark survey
will be added to the BE–15 survey:
(1) A question on the BE–15A form
asking whether a recent Financial
Accounting Standards Board (FASB)
update on the treatment of leases
affected the statistics collected on the
survey; the question will also collect
information to measure the impact on
the respondent’s reported data; and
(2) a question on the BE–15C form to
collect the state in which each affiliate
is located, improving estimation of
employment and property, plant, and
equipment by location for smaller
entities reporting on this abbreviated
form.
Other proposed changes are:
(1) The balance sheet and income
statement sections will be modified to
separately collect the investment in and
income from (a) ‘‘unconsolidated U.S.
affiliates’’ and (b) ‘‘foreign entities,’’
which are currently collected together
on the BE–15A form. This will assist in
ensuring complete coverage of
unconsolidated U.S. affiliates and in
better aligning the BE–15 survey data
with other direct investment surveys.
(2) A question will be added to collect
the city of each foreign parent and
ultimate beneficial owner (UBO) on all
forms. This will be used to validate the
countries of foreign investors and
provide additional information on the
location of investors.
VerDate Sep<11>2014
16:47 May 21, 2018
Jkt 241001
(3) Supplements A and B, which
collect identification information on
business enterprises owned by the U.S.
affiliate, will be modified on all BE–15
forms to offer more options in the
multiple-choice question asking the
reason that the U.S. business enterprises
changed since the last report, such as
options for ‘‘acquired’’ or ‘‘established’’
if an enterprise is being reported on a
supplement for the first time. A followup question will be added requesting
the date of the transaction for new
enterprises. This information will aid in
referring entities to BEA’s other surveys
of foreign direct investment in the
United States.
(4) The commercial property column
will be removed from the state schedule
of the BE–15A and BE–15B forms.
Respondents have been confused by this
concept, which can vary by state or
industry, and have indicated that the
information may not be readily available
from their records.
(5) The administrative office and
other auxiliary employees item will be
removed from the BE–15B form to ease
respondent burden. Data from the BE–
15A form can be used to estimate this
item for BE–15B form respondents.
(6) The BE–15 Claim for Exemption
form will be modified to combine items
2(a) and 2(b), which cover exemptions
for U.S. business enterprises that are no
longer foreign owned. The same
information can be obtained from one
question.
(7) The BE–15A form will be modified
to combine the questions on direct
ownership held by ‘‘all other U.S.
persons’’ and ‘‘all other foreign
persons.’’ This breakout is not used and
the new combined item will be
consistent with the BE–15B form.
The exemption level for reporting on
the proposed survey is unchanged from
the 2016 BE–15 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 (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
will be contacted individually by BEA.
Entities not contacted by BEA have no
reporting responsibilities.
PO 00000
Frm 00008
Fmt 4703
Sfmt 4703
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 website
(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 2017 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; 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: Business or other forprofit organizations.
Estimated Number of Respondents:
5,700 annually, of which approximately
2,300 file A forms, 1,600 file B forms,
1,300 file C forms, and 500 file Claim for
Exemption forms.
Estimated Total Annual Burden
Hours: 112,350 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 44.75 hours for the
A form, 3.75 hours for the B form, 2.25
hours for the C form, and 1 hour for the
Claim for Exemption form.
Estimated Time per Respondent: 19.7
hours per respondent (112,350 hours/
5,700 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
E:\FR\FM\22MYN1.SGM
22MYN1
Federal Register / Vol. 83, No. 99 / Tuesday, May 22, 2018 / Notices
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.
For further information, contact
Camille Evans at Camille.Evans@
trade.gov or (202) 482–2350.
Dated: May 17, 2018.
Andrew McGilvray,
Executive Secretary.
[FR Doc. 2018–10904 Filed 5–21–18; 8:45 am]
BILLING CODE 3510–DS–P
Sheleen Dumas,
Departmental Lead PRA Officer, Office of
Chief Information Officer.
DEPARTMENT OF COMMERCE
[FR Doc. 2018–10942 Filed 5–21–18; 8:45 am]
International Trade Administration
BILLING CODE 3510–06–P
[A–351–825]
DEPARTMENT OF COMMERCE
Stainless Steel Bar From Brazil: Final
Results of Antidumping Duty
Administrative Review; 2016–2017
Foreign-Trade Zones Board
[B–31–2018]
amozie on DSK3GDR082PROD with NOTICES1
An application has been submitted to
the Foreign-Trade Zones (FTZ) Board by
the Lake Charles Harbor & Terminal
District, grantee of FTZ 87, requesting
subzone status for the facility of
Driftwood LNG, LLC, located in
Sulphur, Louisiana. The application
was submitted pursuant to the
provisions of the Foreign-Trade Zones
Act, as amended (19 U.S.C. 81a-81u),
and the regulations of the FTZ Board (15
CFR part 400). It was formally docketed
on May 17, 2018.
The proposed subzone (782 acres) is
located at 8000 Global Drive in Sulphur
(Calcasieu Parish), Louisiana. No
authorization for production activity has
been requested at this time.
In accordance with the FTZ Board’s
regulations, Camille Evans of the FTZ
Staff is designated examiner to review
the application and make
recommendations to the FTZ Board.
Public comment is invited from
interested parties. Submissions shall be
addressed to the FTZ Board’s Executive
Secretary at the address below. The
closing period for their receipt is July 2,
2018. Rebuttal comments in response to
material submitted during the foregoing
period may be submitted during the
subsequent 15-day period to July 16,
2018.
A copy of the application will be
available for public inspection at the
Office of the Executive Secretary,
Foreign-Trade Zones Board, Room
21013, U.S. Department of Commerce,
1401 Constitution Avenue NW,
Washington, DC 20230–0002, and in the
‘‘Reading Room’’ section of the FTZ
Board’s website, which is accessible via
www.trade.gov/ftz.
VerDate Sep<11>2014
Enforcement and Compliance,
International Trade Administration,
Department of Commerce.
AGENCY:
Foreign-Trade Zone 87—Lake Charles,
Louisiana; Application for Subzone;
Driftwood LNG, LLC; Sulphur,
Louisiana
16:47 May 21, 2018
Jkt 241001
On March 1, 2018, the
Department of Commerce (Commerce)
published the preliminary results of the
administrative review of the
antidumping duty order on stainless
steel bar (SSB) from Brazil. The period
of review (POR) is February 1, 2016,
through January 31, 2017. For the final
results of this review, we continue to
find that Villares Metals S.A. (Villares)
has not made sales of subject
merchandise at less than normal value
during the POR.
SUMMARY:
DATES:
Applicable May 22, 2018.
FOR FURTHER INFORMATION CONTACT:
Dmitry Vladimirov, Office I,
Enforcement and Compliance,
International Trade Administration,
U.S. Department of Commerce, 1401
Constitution Avenue NW, Washington,
DC 20230; telephone: (202) 482–0665.
SUPPLEMENTARY INFORMATION:
Background
On March 1, 2018, Commerce
published the Preliminary Results of the
administrative review of the
antidumping duty order on SSB from
Brazil.1 The administrative review
covers one producer/exporter of the
subject merchandise, Villares. We gave
interested parties an opportunity to
comment on the Preliminary Results.
We received no comments. Hence, these
final results are unchanged from the
Preliminary Results. Commerce
conducted this review in accordance
with section 751(a)(1)(B) and (2) of the
Tariff Act of 1930, as amended (the Act).
1 See
Stainless Steel Bar from Brazil: Preliminary
Results of Antidumping Duty Administrative
Review; 2016–2017, 83 FR 8839 (March 1, 2018)
(Preliminary Results).
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Fmt 4703
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23633
Scope of the Order
The merchandise subject to the order
is SSB. The term SSB with respect to the
order means articles of stainless steel in
straight lengths that have been either
hot-rolled, forged, turned, cold-drawn,
cold-rolled or otherwise cold-finished,
or ground, having a uniform solid cross
section along their whole length in the
shape of circles, segments of circles,
ovals, rectangles (including squares),
triangles, hexagons, octagons or other
convex polygons. SSB includes coldfinished SSBs that are turned or ground
in straight lengths, whether produced
from hot-rolled bar or from straightened
and cut rod or wire, and reinforcing bars
that have indentations, ribs, grooves, or
other deformations produced during the
rolling process.
Except as specified above, the term
does not include stainless steel semifinished products, cut length flat-rolled
products (i.e., cut length rolled products
which if less than 4.75 mm in thickness
have a width measuring at least 10 times
the thickness, or if 4.75 mm or more in
thickness having a width which exceeds
150 mm and measures at least twice the
thickness), wire (i.e., cold-formed
products in coils, of any uniform solid
cross section along their whole length,
which do not conform to the definition
of flat-rolled products), and angles,
shapes and sections.
The SSB subject to the order is
currently classifiable under subheadings
7222.10.00, 7222.11.00, 7222.19.00,
7222.20.00, 7222.30.00 of the
Harmonized Tariff Schedule of the
United States (HTSUS). Although the
HTSUS subheadings are provided for
convenience and customs purposes, the
written description of the scope of the
order is dispositive.
Final Results of the Administrative
Review
We determine that a weighted-average
dumping margin of 0.00 percent exists
for Villares for the period of February 1,
2016, through January 31, 2017.
Assessment
In accordance with section
751(a)(2)(C) of the Act, 19 CFR
351.212(b)(1) and the Final
Modification,2 Commerce will instruct
U.S. Customs and Border Protection
(CBP) to liquidate all appropriate entries
for Villares without regard to
antidumping duties.
For entries of subject merchandise
during the POR produced by Villares for
2 See Antidumping Proceedings: Calculation of
the Weighted-Average Dumping Margin and
Assessment Rate in Certain Antidumping Duty
Proceedings; Final Modification, 77 FR 8101, 8102
(February 14, 2012) (Final Modification).
E:\FR\FM\22MYN1.SGM
22MYN1
Agencies
[Federal Register Volume 83, Number 99 (Tuesday, May 22, 2018)]
[Notices]
[Pages 23631-23633]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 2018-10942]
-----------------------------------------------------------------------
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, Department of 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.
DATES: Written comments must be submitted on or before July 23, 2018.
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
[email protected].
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-
49), Bureau of Economic Analysis, U.S. Department of Commerce, 4600
Silver Hill Rd, Washington, DC 20233; or via email at
[email protected].
SUPPLEMENTARY INFORMATION:
[[Page 23632]]
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 for the U.S.
operations. In addition to these national data, several data items are
collected by state, including employment and property, plant, and
equipment.
The survey, as proposed, incorporates two changes that were made to
the 2017 BE-12, Benchmark Survey of Foreign Direct Investment in the
United States and seven new proposed changes. The following two
questions that were added to the 2017 benchmark survey will be added to
the BE-15 survey:
(1) A question on the BE-15A form asking whether a recent Financial
Accounting Standards Board (FASB) update on the treatment of leases
affected the statistics collected on the survey; the question will also
collect information to measure the impact on the respondent's reported
data; and
(2) a question on the BE-15C form to collect the state in which
each affiliate is located, improving estimation of employment and
property, plant, and equipment by location for smaller entities
reporting on this abbreviated form.
Other proposed changes are:
(1) The balance sheet and income statement sections will be
modified to separately collect the investment in and income from (a)
``unconsolidated U.S. affiliates'' and (b) ``foreign entities,'' which
are currently collected together on the BE-15A form. This will assist
in ensuring complete coverage of unconsolidated U.S. affiliates and in
better aligning the BE-15 survey data with other direct investment
surveys.
(2) A question will be added to collect the city of each foreign
parent and ultimate beneficial owner (UBO) on all forms. This will be
used to validate the countries of foreign investors and provide
additional information on the location of investors.
(3) Supplements A and B, which collect identification information
on business enterprises owned by the U.S. affiliate, will be modified
on all BE-15 forms to offer more options in the multiple-choice
question asking the reason that the U.S. business enterprises changed
since the last report, such as options for ``acquired'' or
``established'' if an enterprise is being reported on a supplement for
the first time. A follow-up question will be added requesting the date
of the transaction for new enterprises. This information will aid in
referring entities to BEA's other surveys of foreign direct investment
in the United States.
(4) The commercial property column will be removed from the state
schedule of the BE-15A and BE-15B forms. Respondents have been confused
by this concept, which can vary by state or industry, and have
indicated that the information may not be readily available from their
records.
(5) The administrative office and other auxiliary employees item
will be removed from the BE-15B form to ease respondent burden. Data
from the BE-15A form can be used to estimate this item for BE-15B form
respondents.
(6) The BE-15 Claim for Exemption form will be modified to combine
items 2(a) and 2(b), which cover exemptions for U.S. business
enterprises that are no longer foreign owned. The same information can
be obtained from one question.
(7) The BE-15A form will be modified to combine the questions on
direct ownership held by ``all other U.S. persons'' and ``all other
foreign persons.'' This breakout is not used and the new combined item
will be consistent with the BE-15B form.
The exemption level for reporting on the proposed survey is
unchanged from the 2016 BE-15 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 (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 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 website
(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 2017 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; 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: Business or other for-profit organizations.
Estimated Number of Respondents: 5,700 annually, of which
approximately 2,300 file A forms, 1,600 file B forms, 1,300 file C
forms, and 500 file Claim for Exemption forms.
Estimated Total Annual Burden Hours: 112,350 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 44.75
hours for the A form, 3.75 hours for the B form, 2.25 hours for the C
form, and 1 hour for the Claim for Exemption form.
Estimated Time per Respondent: 19.7 hours per respondent (112,350
hours/5,700 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
[[Page 23633]]
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.
Sheleen Dumas,
Departmental Lead PRA Officer, Office of Chief Information Officer.
[FR Doc. 2018-10942 Filed 5-21-18; 8:45 am]
BILLING CODE 3510-06-P