Agency Information Collection Activities; Submission to the Office of Management and Budget (OMB) for Review and Approval; Comment Request; Direct Investment Surveys: BE-11, Annual Survey of U.S. Direct Investment Abroad, 32024-32025 [2021-12719]

Download as PDF 32024 Federal Register / Vol. 86, No. 114 / Wednesday, June 16, 2021 / Notices Estimated Total Annual Burden Hours: 156,875 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: 23.8 hours per respondent (156,875 hours/ 6,600 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 jbell on DSKJLSW7X2PROD with NOTICES We are soliciting public comments to permit the Department/Bureau to: (a) Evaluate whether the proposed information collection is necessary for the proper functions of the Department, including whether the information will have practical utility; (b) Evaluate the accuracy of our estimate of the time and cost burden for this proposed collection, including the validity of the methodology and assumptions used; (c) Evaluate ways to enhance the quality, utility, and clarity of the information to be collected; and (d) Minimize the reporting burden on those who are to respond, including the use of automated collection techniques or other forms of information technology. Comments that you submit in response to this notice are a matter of public record. We will include or summarize each comment in our request to OMB to approve this ICR. Before including your address, phone number, email address, or other personal identifying information in your comment, you should be aware that your entire comment—including your personal identifying information—may be made publicly available at any time. While you may ask us in your comment to withhold your personal identifying information from public review, we cannot guarantee that we will be able to do so. Sheleen Dumas, Department PRA Clearance Officer, Office of the Chief Information Officer, Commerce Department. [FR Doc. 2021–12705 Filed 6–15–21; 8:45 am] BILLING CODE 3510–06–P VerDate Sep<11>2014 17:27 Jun 15, 2021 Jkt 253001 DEPARTMENT OF COMMERCE Bureau of Economic Analysis Agency Information Collection Activities; Submission to the Office of Management and Budget (OMB) for Review and Approval; Comment Request; Direct Investment Surveys: BE–11, Annual Survey of U.S. Direct Investment Abroad Bureau of Economic Analysis, Department of Commerce. ACTION: Notice of information collection, request for comment. AGENCY: The Department of Commerce, in accordance with the Paperwork Reduction Act of 1995 (PRA), invites the general public and other Federal agencies to comment on proposed, and continuing information collections, which helps us assess the impact of our information collection requirements and minimize the public’s reporting burden. The purpose of this notice is to allow for 60 days of public comment preceding submission of the collection to OMB. DATES: To ensure consideration, comments regarding this proposed information collection must be received on or before August 16, 2021. ADDRESSES: Interested persons are invited to submit written comments to Ricardo Limes, Chief, Multinational Operations Branch, Bureau of Economic Analysis, U.S. Department of Commerce, by email to Ricardo.limes@ bea.gov and PRAcomments@doc.gov. Please reference OMB Control Number 0608–0053 in the subject line of your comments. Do not submit Confidential Business Information or otherwise sensitive or protected information. FOR FURTHER INFORMATION CONTACT: Requests for additional information or specific questions related to collection activities should be directed to Ricardo Limes, Chief, Multinational Operations Branch, Bureau of Economic Analysis, U.S. Department of Commerce; via phone at (301) 278–9659; or via email at Ricardo.Limes@bea.gov. SUPPLEMENTARY INFORMATION: SUMMARY: 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 non-benchmark years from similar data PO 00000 Frm 00012 Fmt 4703 Sfmt 4703 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) is not proposing any changes to the 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 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. 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 2019 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. III. Data OMB Control Number: 0608–0053. Form Number: BE–11. Type of Review: Regular submission, reinstatement without change. Affected Public: Business or other forprofit organizations. Estimated Number of Respondents: 3,500 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 3,500 A forms, 24,000 B forms, E:\FR\FM\16JNN1.SGM 16JNN1 Federal Register / Vol. 86, No. 114 / Wednesday, June 16, 2021 / Notices 1,900 C forms, 100 D forms, and 500 Claim for Exemption forms. Estimated Total Annual Burden Hours: 316,900 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: 90.5 hours per respondent (316,900 hours/ 3,500 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. Legal Authority: International Investment and Trade in Services Survey Act (Pub. L. 94–472, 22 U.S.C. 3101–3108, as amended). jbell on DSKJLSW7X2PROD with NOTICES IV. Request for Comments We are soliciting public comments to permit the Department/Bureau to: (a) Evaluate whether the proposed information collection is necessary for the proper functions of the Department, including whether the information will have practical utility; (b) Evaluate the accuracy of our estimate of the time and cost burden for this proposed collection, including the validity of the methodology and assumptions used; (c) Evaluate ways to enhance the quality, utility, and clarity of the information to be collected; and (d) Minimize the reporting burden on those who are to respond, including the use of automated collection techniques or other forms of information technology. Comments that you submit in response to this notice are a matter of public record. We will include or summarize each comment in our request to OMB to approve this ICR. Before including your address, phone number, email address, or other personal identifying information in your comment, you should be aware that your entire comment—including your personal identifying information—may be made publicly available at any time. While you may ask us in your comment to withhold your personal identifying information from public review, we VerDate Sep<11>2014 17:27 Jun 15, 2021 Jkt 253001 cannot guarantee that we will be able to do so. Sheleen Dumas, Department PRA Clearance Officer, Office of the Chief Information Officer, Commerce Department. [FR Doc. 2021–12719 Filed 6–15–21; 8:45 am] BILLING CODE 3510–06–P DEPARTMENT OF COMMERCE International Trade Administration Civil Nuclear Trade Advisory Committee International Trade Administration, Department of Commerce. ACTION: Notice of an open meeting. AGENCY: This notice sets forth the schedule and proposed topics for a meeting of the Civil Nuclear Trade Advisory Committee (CINTAC). DATES: The meeting is scheduled for Wednesday, June 30, 2021, from 9:00 a.m. to 4:00 p.m. Eastern Daylight Time (EDT). The deadline for members of the public to register to participate, including requests to make comments during the meeting and for auxiliary aids, or to submit written comments for dissemination prior to the meeting, is 5:00 p.m. EDT on Friday, June 25, 2021. ADDRESSES: The meeting will be held virtually via Microsoft Teams. Requests to register to participate (including to speak or for auxiliary aids) and any written comments should be submitted via email to Mr. Jonathan Chesebro, Office of Energy & Environmental Industries, International Trade Administration, at jonathan.chesebro@ trade.gov. FOR FURTHER INFORMATION CONTACT: Mr. Jonathan Chesebro, Office of Energy & Environmental Industries, International Trade Administration (Phone: 202–482– 1297; email: jonathan.chesebro@ trade.gov). SUPPLEMENTARY INFORMATION: Background: The CINTAC was established under the discretionary authority of the Secretary of Commerce and in accordance with the Federal Advisory Committee Act, as amended (5 U.S.C. App.), in response to an identified need for consensus advice from U.S. industry to the U.S. Government regarding the development and administration of programs to expand United States exports of civil nuclear goods and services in accordance with applicable U.S. laws and regulations, including advice on how U.S. civil nuclear goods and SUMMARY: PO 00000 Frm 00013 Fmt 4703 Sfmt 4703 32025 services export policies, programs, and activities will affect the U.S. civil nuclear industry’s competitiveness and ability to participate in the international market. The Department of Commerce renewed the CINTAC charter on August 5, 2020. This meeting is being convened under the seventh charter of the CINTAC. On June 30, 2021, the CINTAC will hold the first meeting of its current charter term. The Committee, with officials from the U.S. Department of Commerce and other agencies, will discuss major issues affecting the competitiveness of the U.S. civil nuclear energy industry, determine subcommittee structure, and provide consultation on CINTAC leadership. An agenda will be made available by June 25, 2021 upon request to Mr. Jonathan Chesebro. Members of the public wishing to attend the public session of the meeting must notify Mr. Chesebro at the contact information above by 5:00 p.m. EDT on Friday, June 25, 2021 in order to preregister to participate. Please specify any requests for reasonable accommodation at least five business days in advance of the meeting. Last minute requests will be accepted but may not be possible to fill. A limited amount of time will be available for brief oral comments from members of the public attending the meeting. To accommodate as many speakers as possible, the time for public comments will be limited to two (2) minutes per person, with a total public comment period of 30 minutes. Individuals wishing to reserve speaking time during the meeting must contact Mr. Chesebro and submit a brief statement of the general nature of the comments and the name and address of the proposed participant by 5:00 p.m. EDT on Friday, June 25, 2021. If the number of registrants requesting to make statements is greater than can be reasonably accommodated during the meeting, the International Trade Administration may conduct a lottery to determine the speakers. Any member of the public may submit written comments concerning the CINTAC’s affairs at any time before or after the meeting. Comments may be submitted to Mr. Jonathan Chesebro at Jonathan.chesebro@trade.gov. For consideration during the meeting, and to ensure transmission to the Committee prior to the meeting, comments must be received no later than 5:00 p.m. EDT on Friday, June 25, 2021. Comments received after that date will be distributed to the members but may not be considered at the meeting. E:\FR\FM\16JNN1.SGM 16JNN1

Agencies

[Federal Register Volume 86, Number 114 (Wednesday, June 16, 2021)]
[Notices]
[Pages 32024-32025]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 2021-12719]


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DEPARTMENT OF COMMERCE

Bureau of Economic Analysis


Agency Information Collection Activities; Submission to the 
Office of Management and Budget (OMB) for Review and Approval; Comment 
Request; Direct Investment Surveys: BE-11, Annual Survey of U.S. Direct 
Investment Abroad

AGENCY: Bureau of Economic Analysis, Department of Commerce.

ACTION: Notice of information collection, request for comment.

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

SUMMARY: The Department of Commerce, in accordance with the Paperwork 
Reduction Act of 1995 (PRA), invites the general public and other 
Federal agencies to comment on proposed, and continuing information 
collections, which helps us assess the impact of our information 
collection requirements and minimize the public's reporting burden. The 
purpose of this notice is to allow for 60 days of public comment 
preceding submission of the collection to OMB.

DATES: To ensure consideration, comments regarding this proposed 
information collection must be received on or before August 16, 2021.

ADDRESSES: Interested persons are invited to submit written comments to 
Ricardo Limes, Chief, Multinational Operations Branch, Bureau of 
Economic Analysis, U.S. Department of Commerce, by email to 
[email protected] and [email protected]. Please reference OMB 
Control Number 0608-0053 in the subject line of your comments. Do not 
submit Confidential Business Information or otherwise sensitive or 
protected information.

FOR FURTHER INFORMATION CONTACT: Requests for additional information or 
specific questions related to collection activities should be directed 
to Ricardo Limes, Chief, Multinational Operations Branch, Bureau of 
Economic Analysis, U.S. Department of Commerce; via phone at (301) 278-
9659; or via email at [email protected]

SUPPLEMENTARY INFORMATION:

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 non-benchmark 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) is not proposing any changes 
to the 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 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.
    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 2019 
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.

III. Data

    OMB Control Number: 0608-0053.
    Form Number: BE-11.
    Type of Review: Regular submission, reinstatement without change.
    Affected Public: Business or other for-profit organizations.
    Estimated Number of Respondents: 3,500 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 3,500 A forms, 24,000 B forms,

[[Page 32025]]

1,900 C forms, 100 D forms, and 500 Claim for Exemption forms.
    Estimated Total Annual Burden Hours: 316,900 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: 90.5 hours per respondent (316,900 
hours/3,500 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.
    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

    We are soliciting public comments to permit the Department/Bureau 
to: (a) Evaluate whether the proposed information collection is 
necessary for the proper functions of the Department, including whether 
the information will have practical utility; (b) Evaluate the accuracy 
of our estimate of the time and cost burden for this proposed 
collection, including the validity of the methodology and assumptions 
used; (c) Evaluate ways to enhance the quality, utility, and clarity of 
the information to be collected; and (d) Minimize the reporting burden 
on those who are to respond, including the use of automated collection 
techniques or other forms of information technology.
    Comments that you submit in response to this notice are a matter of 
public record. We will include or summarize each comment in our request 
to OMB to approve this ICR. Before including your address, phone 
number, email address, or other personal identifying information in 
your comment, you should be aware that your entire comment--including 
your personal identifying information--may be made publicly available 
at any time. While you may ask us in your comment to withhold your 
personal identifying information from public review, we cannot 
guarantee that we will be able to do so.

Sheleen Dumas,
Department PRA Clearance Officer, Office of the Chief Information 
Officer, Commerce Department.
[FR Doc. 2021-12719 Filed 6-15-21; 8:45 am]
BILLING CODE 3510-06-P