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, 48390 [2021-18628]

Download as PDF 48390 Federal Register / Vol. 86, No. 165 / Monday, August 30, 2021 / Notices 8246. Records and documents discussed during the meetings will be available for public viewing as they become available at www.facadatabase.gov. Persons interested in the work of this advisory committee are advised to go to the Commission’s website, www.usccr.gov, or to contact the Regional Programs Unit at the above phone number or email address. Agenda Thursday, September 16, 2021, at 12:00 p.m. (ET) I. Roll Call II. Report Review: Digital Equity III. Next Steps IV. Public Comment V. Adjournment Dated: August 24, 2021. David Mussatt, Supervisory Chief,Regional Programs Unit. [FR Doc. 2021–18574 Filed 8–27–21; 8:45 am] BILLING CODE P DEPARTMENT OF COMMERCE Bureau of Economic Analysis khammond on DSKJM1Z7X2PROD with NOTICES 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 The Department of Commerce will submit the following information collection request to the Office of Management and Budget (OMB) for review and clearance in accordance with the Paperwork Reduction Act of 1995, on or after the date of publication of this notice. We invite 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. Public comments were previously requested via the Federal Register on 06/16/2021 during a 60-day comment period. This notice allows for an additional 30 days for public comments. Agency: Bureau of Economic Analysis (BEA), Commerce. Title: Annual Survey of U.S. Direct Investment Abroad. OMB Control Number: 0608–0053. Form Number: BE–11. Type of Request: Regular submission, reinstatement without change Number of Respondents: 3,500 respondents (U.S. parents). A complete response includes a BE–11 A form for VerDate Sep<11>2014 18:40 Aug 27, 2021 Jkt 253001 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, 1,900 C forms, 100 D forms, and 500 Claim for Exemption forms. Average Hours per Response: 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. 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. Needs and Uses: 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. Affected Public: Businesses or other for-profit organizations. Frequency: Annual. 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). This information collection request may be viewed at www.reginfo.gov. Follow the instructions to view Department of Commerce collections currently under review by OMB. Written comments and recommendations for the proposed information collection should be submitted within 30 days of the publication of this notice on the following website www.reginfo.gov/ public/do/PRAMain. Find this particular information collection by selecting ‘‘Currently under 30-day Review—Open for Public Comments’’ or PO 00000 Frm 00006 Fmt 4703 Sfmt 4703 by using the search function and entering either the title of the collection or the OMB Control Number 0608–0053. Sheleen Dumas, Department PRA Clearance Officer, Office of the Chief Information Officer, Commerce Department. [FR Doc. 2021–18628 Filed 8–27–21; 8:45 am] BILLING CODE 3510–06–P 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–15, Annual Survey of Foreign Direct Investment in the United States The Department of Commerce will submit the following information collection request to the Office of Management and Budget (OMB) for review and clearance in accordance with the Paperwork Reduction Act of 1995, on or after the date of publication of this notice. We invite 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. Public comments were previously requested via the Federal Register on 6/16/2021 during a 60-day comment period. This notice allows for an additional 30 days for public comments. Agency: Bureau of Economic Analysis (BEA), Department of Commerce. Title: Annual Survey of Foreign Direct Investment in the United States. OMB Control Number: 0608–0034. Form Number: BE–15. Type of Request: Regular submission, reinstatement without change. Number of Respondents: 6,600 annually, of which approximately 3,300 file A forms, 1,600 file B forms, 1,200 file C forms, and 500 file Claim for Exemption forms. Average Hours per Response: 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. 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 E:\FR\FM\30AUN1.SGM 30AUN1

Agencies

[Federal Register Volume 86, Number 165 (Monday, August 30, 2021)]
[Notices]
[Page 48390]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 2021-18628]


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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

    The Department of Commerce will submit the following information 
collection request to the Office of Management and Budget (OMB) for 
review and clearance in accordance with the Paperwork Reduction Act of 
1995, on or after the date of publication of this notice. We invite 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. Public comments were previously requested via the 
Federal Register on 06/16/2021 during a 60-day comment period. This 
notice allows for an additional 30 days for public comments.
    Agency: Bureau of Economic Analysis (BEA), Commerce.
    Title: Annual Survey of U.S. Direct Investment Abroad.
    OMB Control Number: 0608-0053.
    Form Number: BE-11.
    Type of Request: Regular submission, reinstatement without change
    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, 1,900 C forms, 
100 D forms, and 500 Claim for Exemption forms.
    Average Hours per Response: 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.
    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.
    Needs and Uses: 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.
    Affected Public: Businesses or other for-profit organizations.
    Frequency: Annual.
    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).
    This information collection request may be viewed at 
www.reginfo.gov. Follow the instructions to view Department of Commerce 
collections currently under review by OMB.
    Written comments and recommendations for the proposed information 
collection should be submitted within 30 days of the publication of 
this notice on the following website www.reginfo.gov/public/do/PRAMain. 
Find this particular information collection by selecting ``Currently 
under 30-day Review--Open for Public Comments'' or by using the search 
function and entering either the title of the collection or the OMB 
Control Number 0608-0053.

Sheleen Dumas,
Department PRA Clearance Officer, Office of the Chief Information 
Officer, Commerce Department.
[FR Doc. 2021-18628 Filed 8-27-21; 8:45 am]
BILLING CODE 3510-06-P
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