Agency Information Collection Activities; Submission to the Office of Management and Budget (OMB) for Review and Approval; Comment Request; Direct Investment Surveys: BE-10, Benchmark Survey of U.S. Direct Investment Abroad, 35776-35778 [2024-09482]
Download as PDF
35776
Federal Register / Vol. 89, No. 86 / Thursday, May 2, 2024 / Notices
Interested persons are
invited to submit written comments to
Kenneth White, Office of the Under
Secretary of Economic Affairs, by email
at kwhite2@doc.gov or PRAcomments@
doc.gov. 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 Kenneth
White, Senior Policy Analyst, Under
Secretary of Economic Affairs, by mail
at U.S. Department of Commerce; 1401
Constitution Avenue NW, Washington,
DC or via email at kwhite2@doc.gov.
SUPPLEMENTARY INFORMATION:
ADDRESSES:
khammond on DSKJM1Z7X2PROD with NOTICES
I. Abstract
This is a request for an extension of
an already approved collection of
information. In 2021 the Secretary held
a referendum among eligible
manufacturers to determine whether
they favored the implementation of an
Order to establish an orderly program
for developing, financing, and carrying
out an effective, continuous, and
coordinated program of promotion,
education, and research to support the
concrete masonry products industry.
The referendum passed and the Order
went into effect in December 2021. The
Order requires the Secretary to establish
a board to carry out the program. The
Secretary appointed Board members in
the Fall of 2022. (1) The Order
establishes a three-year term limit for
Board members, thus requiring ongoing
and continuous consideration of
applicants to fill vacancies. (2) The
Order requires producers of concrete
masonry block to remit quarterly, an
assessment to the Board. Continuation
of this approved collection will allow
consideration of applicants to the Board
to fill vacancies and allow reporting of
quarterly assessment payments.
In 2022, the Secretary appointed
members to the Concrete Masonry
Products Board (Board) to develop and
implement programs of research,
education, and promotion. In 2023 the
Board began collecting assessments
from manufacturers of concrete masonry
units, of which the Board will use to
implement programs and activities.
There are two forms in this
Information Collection Request (ICR)
relating to the Board membership and
the collection of assessments. The first
is the application form to be considered
for Board membership. Board
membership is open to all
manufacturers of concrete masonry
products. Completion of the application
form reflects an individual’s interest in
VerDate Sep<11>2014
17:14 May 01, 2024
Jkt 262001
becoming a Board member and is
necessary to verify eligibility and to
assist in determining suitability to serve
on the Board. The second form for this
ICR relates to the payment of
assessments. Producers that remit
assessments will complete the form to
establish proper payment of
assessments. Authorizing Statute: 15
U.S.C. Chapter 13 (sections 8701–8717).
II. Method of Collection
Registrants may download, complete,
print, and submit via fax or mail from
the Board’s website.
III. Data
OMB Control Number: 0605–0028.
Form Number(s): None.
Type of Review: Regular submission.
This is an extension.
Affected Public: Business or other forprofit organizations.
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 Under Secretary for Economic Affairs,
Commerce Department.
[FR Doc. 2024–09481 Filed 5–1–24; 8:45 am]
BILLING CODE 3510–06–P
Board Application
Estimate of Burden: 0.25 hour per
application.
Respondents: Manufacturers of
concrete masonry units.
Estimated Number of Respondents:
160.
Estimated Number of Responses per
Respondent: 1.
Estimated Total Annual Burden on
Respondents: 40 hours.
Respondents Obligation: Voluntary.
Evaluation and Compliance
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.
Frm 00004
Fmt 4703
Sfmt 4703
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–10, Benchmark Survey of U.S.
Direct Investment Abroad
Bureau of Economic Analysis,
Department of Commerce.
ACTION: Notice of information collection,
request for comment.
AGENCY:
Estimate of Burden: 0.5 hour per
quarterly report.
Respondents: Manufacturers of
concrete masonry units.
Estimated Number of Respondents:
160.
Estimated Number of Responses per
Respondent: 4.
Estimated Total Annual Burden on
Respondents: 320 hours.
Respondent’s Obligation: Mandatory.
PO 00000
DEPARTMENT OF COMMERCE
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 July 1, 2024.
ADDRESSES: Interested persons are
invited to submit written comments to
Kirsten Brew, Chief, Multinational
Operations Branch, Bureau of Economic
Analysis, U.S. Department of
Commerce, by email to Kirsten.Brew@
bea.gov and PRAcomments@bea.gov.
Please reference OMB Control Number
0608–0049 in the subject line of your
comments. Do not submit Confidential
SUMMARY:
E:\FR\FM\02MYN1.SGM
02MYN1
Federal Register / Vol. 89, No. 86 / Thursday, May 2, 2024 / Notices
Business Information or otherwise
sensitive or protected information.
FOR FURTHER INFORMATION CONTACT:
khammond on DSKJM1Z7X2PROD with NOTICES
Requests for additional information or
specific questions related to collection
activities should be directed to Kirsten
Brew, Chief, Multinational Operations
Branch, Bureau of Economic Analysis,
U.S. Department of Commerce; by mail
at 4600 Silver Hill Rd, Suitland, MD
20746 or via email at Kirsten.Brew@
bea.gov.
SUPPLEMENTARY INFORMATION:
I. Abstract
The Benchmark Survey of U.S. Direct
Investment Abroad (BE- 10) obtains 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, measure changes in such
investment, and assess its impact on the
U.S. and foreign economies. Such data
are generally found in enterprise-level
accounting records of respondent
companies. The benchmark data
provide a baseline for subsequent
sample-based estimates in nonbenchmark years. In particular, they
serve as benchmarks for the quarterly
direct investment estimates included in
the U.S. international transactions,
international investment position, and
national income and product accounts,
and for annual estimates of the U.S.
direct investment abroad position and of
the activities of U.S. multinational
enterprises. 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 the following changes:
Data items to be added:
Employment—A question will be
added to the Employment section of the
BE–10A form to collect data on
employees who are on the payroll of the
U.S. company but live overseas on a
permanent basis. This would include
full and part-time employees that work
for a foreign affiliate but are paid by the
U.S. parent company, and those
employees that were hired, or moved,
abroad to fill a remote-work position
offered by the U.S. parent.
Equity investment—A question will
be added to the Assets section of the
BE–10C form to collect equity
investment in other foreign affiliates,
consistent with the BE–10B form.
Data items to be modified:
Supplement A—Will be modified on
the BE–10B and C forms to offer more
VerDate Sep<11>2014
17:14 May 01, 2024
Jkt 262001
options for the reasons the foreign
business enterprises changed since last
reported, such as options for ‘‘acquired’’
or ‘‘established’’ if it is a ‘‘new’’
enterprise, and to identify the date of
the transaction for new enterprises.
Advertising—Question 109 which
collects advertising sales data on the
BE–10B form will be expanded to
capture additional sales detail by
affiliated and unaffiliated customer.
Digital economy—Questions on
services provided via digital
intermediation platforms collected on
the BE–10A (items 60–62) and BE–10B
(item 108), and questions on digital
delivery and digital ordering collected
on the BE–10A (items 63–65) and BE–
10B forms (items 110–112) will be
modified to more accurately reflect
terminology used by BEA survey
respondents, and to reflect updates to
the definitions of digitally ordered and
delivered in the Handbook on
Measuring Digital Trade (second
edition) jointly authored by the
International Monetary Fund, the
Organisation for Economic Cooperation
and Development, the World Trade
Organization, and the United Nations
Conference on Trade and Development.
II. Method of Collection
This survey is a benchmark survey, or
census. The potential respondent
universe for the 2024 Benchmark
Survey of U.S. Direct Investment
Abroad, BE–10, consists of all U.S.
persons (in the broad legal sense,
including companies) that own 10
percent or more of the voting securities
of an incorporated foreign business
enterprise, or an equivalent interest in
an unincorporated foreign business
enterprise. Persons subject to the
reporting requirements of the BE–10,
Benchmark Survey of U.S. Direct
Investment Abroad, would be required
to respond, whether or not they are
contacted by BEA.
BEA will provide respondents with
advance notice of the survey by mailing
them an announcement of the upcoming
survey as soon as possible after the
survey has been approved by OMB.
Later, in March, respondents will
receive notification by mail of their
obligation to file; responses covering a
reporting company’s fiscal year ending
during the previous calendar year are
due by May 31.
BEA offers electronic filing through
its eFile system for use in reporting on
the BE–10 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.
PO 00000
Frm 00005
Fmt 4703
Sfmt 4703
35777
III. Data
OMB Control Number: 0608–0049.
Form Number: BE–10.
Type of Review: Revision.
Affected Public: Business or other forprofit organizations.
Estimated Number of Respondents:
29,000 respondents (U.S. parents). A
complete response includes a BE–10 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 29,000 A forms, 20,100 B forms,
15,500 C forms, 29,000 D forms, and
1,700 Claim for Exemption forms.
Estimated Total Annual Burden
Hours: 842,700 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 11 hours for the A
form, 19 hours for the B form, 6 hours
for the C form, 2 hours for the D form,
and .5 hours for the Claim for Not Filing
form.
Estimated Time per Respondent: 29
hours per respondent (842,700 hours/
29,000 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 (P.L. 94–472, 22 U.S.C.
3101–3108, as amended).
IV. Request for Comments
We are soliciting public comments to
permit the Department of Commerce/
Bureau of Economic Analysis 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
E:\FR\FM\02MYN1.SGM
02MYN1
35778
Federal Register / Vol. 89, No. 86 / Thursday, May 2, 2024 / Notices
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,
Departmental PRA Clearance Officer, Office
of the Under Secretary for Economic Affairs,
Commerce Department.
[FR Doc. 2024–09482 Filed 5–1–24; 8:45 am]
BILLING CODE 3510–06–P
DEPARTMENT OF COMMERCE
International Trade Administration
Antidumping or Countervailing Duty
Order, Finding, or Suspended
Investigation; Opportunity To Request
Administrative Review and Join
Annual Inquiry Service List
Enforcement and Compliance,
International Trade Administration,
Department of Commerce.
FOR FURTHER INFORMATION CONTACT:
Brenda E. Brown, Office of AD/CVD
Operations, Customs Liaison Unit,
Enforcement and Compliance,
International Trade Administration,
U.S. Department of Commerce, 1401
Constitution Avenue NW, Washington,
DC 20230, telephone: (202) 482–4735.
khammond on DSKJM1Z7X2PROD with NOTICES
AGENCY:
Background
Each year during the anniversary
month of the publication of an
antidumping or countervailing duty
order, finding, or suspended
investigation, an interested party, as
defined in section 771(9) of the Tariff
Act of 1930, as amended (the Act), may
request, in accordance with 19 CFR
351.213, that the U.S. Department of
Commerce (Commerce) conduct an
administrative review of that
antidumping or countervailing duty
order, finding, or suspended
investigation.
All deadlines for the submission of
comments or actions by Commerce
discussed below refer to the number of
calendar days from the applicable
starting date.
Respondent Selection
In the event Commerce limits the
number of respondents for individual
examination for administrative reviews
initiated pursuant to requests made for
the orders identified below, Commerce
VerDate Sep<11>2014
17:14 May 01, 2024
Jkt 262001
intends to select respondents based on
U.S. Customs and Border Protection
(CBP) data for U.S. imports during the
period of review. We intend to release
the CBP data under Administrative
Protective Order (APO) to all parties
having an APO within five days of
publication of the initiation notice and
to make our decision regarding
respondent selection within 35 days of
publication of the initiation Federal
Register notice. Therefore, we
encourage all parties interested in
commenting on respondent selection to
submit their APO applications on the
date of publication of the initiation
notice, or as soon thereafter as possible.
Commerce invites comments regarding
the CBP data and respondent selection
within five days of placement of the
CBP data on the record of the review.
In the event Commerce decides it is
necessary to limit individual
examination of respondents and
conduct respondent selection under
section 777A(c)(2) of the Act:
In general, Commerce finds that
determinations concerning whether
particular companies should be
‘‘collapsed’’ (i.e., treated as a single
entity for purposes of calculating
antidumping duty rates) require a
substantial amount of detailed
information and analysis, which often
require follow-up questions and
analysis. Accordingly, Commerce will
not conduct collapsing analyses at the
respondent selection phase of a review
and will not collapse companies at the
respondent selection phase unless there
has been a determination to collapse
certain companies in a previous
segment of this antidumping proceeding
(i.e., investigation, administrative
review, new shipper review or changed
circumstances review). For any
company subject to a review, if
Commerce determined, or continued to
treat, that company as collapsed with
others, Commerce will assume that such
companies continue to operate in the
same manner and will collapse them for
respondent selection purposes.
Otherwise, Commerce will not collapse
companies for purposes of respondent
selection. Parties are requested to: (a)
identify which companies subject to
review previously were collapsed; and
(b) provide a citation to the proceeding
in which they were collapsed. Further,
if companies are requested to complete
a Quantity and Value Questionnaire for
purposes of respondent selection, in
general each company must report
volume and value data separately for
itself. Parties should not include data
for any other party, even if they believe
they should be treated as a single entity
with that other party. If a company was
PO 00000
Frm 00006
Fmt 4703
Sfmt 4703
collapsed with another company or
companies in the most recently
completed segment of a proceeding
where Commerce considered collapsing
that entity, complete quantity and value
data for that collapsed entity must be
submitted.
Deadline for Withdrawal of Request for
Administrative Review
Pursuant to 19 CFR 351.213(d)(1), a
party that requests a review may
withdraw that request within 90 days of
the date of publication of the notice of
initiation of the requested review. The
regulation provides that Commerce may
extend this time if it is reasonable to do
so. Determinations by Commerce to
extend the 90-day deadline will be
made on a case-by-case basis.
Deadline for Particular Market
Situation Allegation
Section 504 of the Trade Preferences
Extension Act of 2015 amended the Act
by adding the concept of particular
market situation (PMS) for purposes of
constructed value under section 773(e)
of the Act.1 Section 773(e) of the Act
states that ‘‘if a particular market
situation exists such that the cost of
materials and fabrication or other
processing of any kind does not
accurately reflect the cost of production
in the ordinary course of trade, the
administering authority may use
another calculation methodology under
this subtitle or any other calculation
methodology.’’ When an interested
party submits a PMS allegation pursuant
to section 773(e) of the Act, Commerce
will respond to such a submission
consistent with 19 CFR 351.301(c)(2)(v).
If Commerce finds that a PMS exists
under section 773(e) of the Act, then it
will modify its dumping calculations
appropriately.
Neither section 773(e) of the Act nor
19 CFR 351.301(c)(2)(v) set a deadline
for the submission of PMS allegations
and supporting factual information.
However, in order to administer section
773(e) of the Act, Commerce must
receive PMS allegations and supporting
factual information with enough time to
consider the submission. Thus, should
an interested party wish to submit a
PMS allegation and supporting new
factual information pursuant to section
773(e) of the Act, it must do so no later
than 20 days after submission of initial
Section D responses.
Opportunity to Request a Review: Not
later than the last day of May 2024,2
1 See Trade Preferences Extension Act of 2015,
Public Law 114–27, 129 Stat. 362 (2015).
2 Or the next business day, if the deadline falls
on a weekend, federal holiday or any other day
when Commerce is closed.
E:\FR\FM\02MYN1.SGM
02MYN1
Agencies
[Federal Register Volume 89, Number 86 (Thursday, May 2, 2024)]
[Notices]
[Pages 35776-35778]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 2024-09482]
-----------------------------------------------------------------------
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-10, Benchmark 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 July 1, 2024.
ADDRESSES: Interested persons are invited to submit written comments to
Kirsten Brew, 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 0608-0049 in the subject line of your comments. Do not
submit Confidential
[[Page 35777]]
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 Kirsten Brew, Chief, Multinational Operations Branch, Bureau of
Economic Analysis, U.S. Department of Commerce; by mail at 4600 Silver
Hill Rd, Suitland, MD 20746 or via email at [email protected].
SUPPLEMENTARY INFORMATION:
I. Abstract
The Benchmark Survey of U.S. Direct Investment Abroad (BE- 10)
obtains 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, measure
changes in such investment, and assess its impact on the U.S. and
foreign economies. Such data are generally found in enterprise-level
accounting records of respondent companies. The benchmark data provide
a baseline for subsequent sample-based estimates in non-benchmark
years. In particular, they serve as benchmarks for the quarterly direct
investment estimates included in the U.S. international transactions,
international investment position, and national income and product
accounts, and for annual estimates of the U.S. direct investment abroad
position and of the activities of U.S. multinational enterprises. 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 the following
changes:
Data items to be added:
Employment--A question will be added to the Employment section of
the BE-10A form to collect data on employees who are on the payroll of
the U.S. company but live overseas on a permanent basis. This would
include full and part-time employees that work for a foreign affiliate
but are paid by the U.S. parent company, and those employees that were
hired, or moved, abroad to fill a remote-work position offered by the
U.S. parent.
Equity investment--A question will be added to the Assets section
of the BE-10C form to collect equity investment in other foreign
affiliates, consistent with the BE-10B form.
Data items to be modified:
Supplement A--Will be modified on the BE-10B and C forms to offer
more options for the reasons the foreign business enterprises changed
since last reported, such as options for ``acquired'' or
``established'' if it is a ``new'' enterprise, and to identify the date
of the transaction for new enterprises.
Advertising--Question 109 which collects advertising sales data on
the BE-10B form will be expanded to capture additional sales detail by
affiliated and unaffiliated customer.
Digital economy--Questions on services provided via digital
intermediation platforms collected on the BE-10A (items 60-62) and BE-
10B (item 108), and questions on digital delivery and digital ordering
collected on the BE-10A (items 63-65) and BE-10B forms (items 110-112)
will be modified to more accurately reflect terminology used by BEA
survey respondents, and to reflect updates to the definitions of
digitally ordered and delivered in the Handbook on Measuring Digital
Trade (second edition) jointly authored by the International Monetary
Fund, the Organisation for Economic Cooperation and Development, the
World Trade Organization, and the United Nations Conference on Trade
and Development.
II. Method of Collection
This survey is a benchmark survey, or census. The potential
respondent universe for the 2024 Benchmark Survey of U.S. Direct
Investment Abroad, BE-10, consists of all U.S. persons (in the broad
legal sense, including companies) that own 10 percent or more of the
voting securities of an incorporated foreign business enterprise, or an
equivalent interest in an unincorporated foreign business enterprise.
Persons subject to the reporting requirements of the BE-10, Benchmark
Survey of U.S. Direct Investment Abroad, would be required to respond,
whether or not they are contacted by BEA.
BEA will provide respondents with advance notice of the survey by
mailing them an announcement of the upcoming survey as soon as possible
after the survey has been approved by OMB. Later, in March, respondents
will receive notification by mail of their obligation to file;
responses covering a reporting company's fiscal year ending during the
previous calendar year are due by May 31.
BEA offers electronic filing through its eFile system for use in
reporting on the BE-10 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.
III. Data
OMB Control Number: 0608-0049.
Form Number: BE-10.
Type of Review: Revision.
Affected Public: Business or other for-profit organizations.
Estimated Number of Respondents: 29,000 respondents (U.S. parents).
A complete response includes a BE-10 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 29,000 A forms, 20,100 B forms,
15,500 C forms, 29,000 D forms, and 1,700 Claim for Exemption forms.
Estimated Total Annual Burden Hours: 842,700 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 11 hours
for the A form, 19 hours for the B form, 6 hours for the C form, 2
hours for the D form, and .5 hours for the Claim for Not Filing form.
Estimated Time per Respondent: 29 hours per respondent (842,700
hours/29,000 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 (P.L. 94-472, 22 U.S.C. 3101-3108, as amended).
IV. Request for Comments
We are soliciting public comments to permit the Department of
Commerce/Bureau of Economic Analysis 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
[[Page 35778]]
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,
Departmental PRA Clearance Officer, Office of the Under Secretary for
Economic Affairs, Commerce Department.
[FR Doc. 2024-09482 Filed 5-1-24; 8:45 am]
BILLING CODE 3510-06-P