Search Results for keywords:"revenue and expenses"

Found 1 results
Skip to main content

Search Results: keywords:"revenue and expenses"

  • Type:Notice
    Citation:90 FR 10886
    Reading Time:about 3 minutes

    The Bureau of Economic Analysis (BEA) of the Department of Commerce has announced it is conducting the BE-9 survey, which is mandatory for U.S. representatives of foreign airlines that have significant revenue or expenses in the U.S. The survey gathers data on these airlines' revenues, expenses, and passenger numbers. U.S. entities that meet the criteria will be contacted by BEA and must submit their reports within 30 days after each quarter. The survey aims to help analyze U.S. trade in transport services and is authorized by federal law.

    Simple Explanation

    The government wants certain foreign airlines that make or spend a lot of money in the U.S. to tell them about their earnings and costs every three months, so they can understand how this affects trade and the economy. However, the rules might be confusing about who exactly needs to report, and they don't clearly say what happens if someone doesn't follow them.