Search Results for keywords:"mandatory reporting"

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Search Results: keywords:"mandatory reporting"

  • Type:Notice
    Citation:90 FR 10880
    Reading Time:about 3 minutes

    The Bureau of Economic Analysis (BEA), part of the U.S. Department of Commerce, is conducting a mandatory survey called the Annual Survey of Foreign Direct Investment in the United States (BE-15). This survey is essential to understanding the influence of foreign investments on the U.S. economy. It requires U.S. businesses with significant foreign ownership to report their financial activities. Companies have the option to file their reports electronically, and completed reports are due by May 31 or June 30 if using the electronic system.

    Simple Explanation

    The U.S. government is asking companies owned by people from other countries to tell them about their business activities in the U.S. This helps the government see how these businesses affect the economy and has to be done by the end of May or June.

  • Type:Notice
    Citation:90 FR 10883
    Reading Time:about 3 minutes

    The Bureau of Economic Analysis (BEA), part of the Department of Commerce, has issued a notice regarding the mandatory Quarterly Survey of Transactions in Selected Services and Intellectual Property with Foreign Persons (BE-125). This survey collects data to measure the U.S.'s trade in services and its impact on the economy. U.S. individuals or organizations meeting certain sales or purchase thresholds with foreign persons are required to report. The survey must be submitted within 30 days after each fiscal quarter ends, except for the final quarter, which has a 45-day deadline. The survey process is approved by the Office of Management and Budget under control number 0608-0067.

    Simple Explanation

    The Bureau of Economic Analysis wants to know about how certain businesses in the U.S. trade services with people from other countries, so they ask these businesses to fill out a special form every few months to help them understand this trade better. If a business sells or buys enough services or intellectual things like music or inventions from or to other countries, they have to tell the BEA by filling out the form.

  • Type:Notice
    Citation:90 FR 10884
    Reading Time:about 3 minutes

    The Bureau of Economic Analysis (BEA), part of the Department of Commerce, issued a notice about the mandatory BE-605 survey. This survey gathers data on foreign direct investment in the U.S., focusing on transactions between U.S. affiliates and foreign parent companies. Companies with at least 10% foreign ownership must complete this survey quarterly, except for the final report of the financial year, which is due within 45 days. The survey is authorized by the International Investment and Trade in Services Survey Act, and more information can be found on the BEA's website.

    Simple Explanation

    The U.S. government wants some businesses to tell them about money they get from other countries, so they can understand how it helps America. This is like asking a kid to say if another kid gave them a toy, so everyone knows how many toys are coming in and how they're being used.

  • Type:Notice
    Citation:90 FR 10880
    Reading Time:about 3 minutes

    The Bureau of Economic Analysis (BEA) of the Commerce Department has issued a notice about the mandatory Quarterly Survey of Ocean Freight Revenues and Foreign Expenses of U.S. Carriers (BE-30). This survey helps measure trade in transport services and its impact on both the U.S. and foreign economies. U.S. ocean carriers with revenues or expenses of $500,000 or more must report their information each quarter. Survey forms can be submitted electronically, or by mail or fax, and are due 30 days after each quarter ends.

    Simple Explanation

    The Bureau of Economic Analysis in the U.S. wants to know how much money is made and spent by American ships when they carry stuff to other countries. If they make or spend a lot, they have to fill out and send a form every three months.