These data are used to derive current universe estimates of direct investment from sample data collected in other BEA surveys in non-benchmark years. Such data are generally found in enterprise-level accounting records of respondent companies. These data are needed to measure the size and economic significance of foreign direct investment in the United States, measure changes in such investment, and assess its impact on the U.S. affiliates and their foreign parent groups (which are defined to include all foreign parents and foreign affiliates of foreign parents). affiliates and on positions and transactions between U.S. The purpose of the BE-12 survey is to obtain universe data on the financial and operating characteristics of U.S.
business enterprise or an equivalent interest in an unincorporated U.S. Foreign direct investment in the United States is defined as the ownership or control, directly or indirectly, by one foreign person (foreign parent) of 10 percent or more of the voting securities of an incorporated U.S. The BE-12 survey covers the universe of foreign direct investment in the United States in terms of value and is BEA's most detailed survey of such investment. The next BE-12 survey will apply to the 2022 fiscal reporting year, and will be conducted once every five years thereafter, for reporting years ending in 2 and 7.īEA conducts the BE-12 survey under the authority of the International Investment and Trade in Services Survey Act ( 22 U.S.C. Under this final rule 15 CFR 801.10 is modified to clarify the timing of this benchmark survey. This final rule amends 15 CFR part 801 to set forth the reporting requirements for the BE-12, Benchmark Survey of Foreign Direct Investment in the United States. Department of Commerce, 4600 Silver Hill Road, Washington, DC 20233 phone (301) 278-9152 or via email End Further Info End Preamble Start Supplemental Information SUPPLEMENTARY INFORMATION: Kirsten Brew, Chief, Multinational Operations Branch, Direct Investment Division (BE-49), Bureau of Economic Analysis, U.S. Start Further Info FOR FURTHER INFORMATION CONTACT: This final rule is effective October 31, 2022. For the 2022 BE-12 survey, BEA will make changes in data items collected, the design of the survey forms, and the reporting requirements for the survey to satisfy changing data needs and to improve data quality and the effectiveness and efficiency of data collection. The benchmark survey covers the universe of foreign direct investment in the United States and is BEA's most detailed survey of such investment. The BE-12 survey is conducted every five years the prior survey covered 2017. The final rule amends regulations of the Department of Commerce's Bureau of Economic Analysis (BEA) to set forth the reporting requirements for the 2022 BE-12, Benchmark Survey of Foreign Direct Investment in the United States. Provide legal notice to the public or judicial notice to the courts.īureau of Economic Analysis, Commerce. Rendition of the daily Federal Register on does not Until the ACFR grants it official status, the XML Legal research should verify their results against an official edition of
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