Search Results for citation:"90 FR 10885"

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Search Results: citation:"90 FR 10885"

  • Type:Notice
    Citation:90 FR 10885
    Reading Time:about 3 minutes

    The Bureau of Economic Analysis (BEA), part of the Department of Commerce, has announced a mandatory survey for U.S. insurance companies that deal with foreign entities, called the Quarterly Survey of Insurance Transactions by U.S. Insurance Companies with Foreign Persons (BE-45). This survey aims to collect data on the trade of insurance services between the U.S. and foreign entities to understand the impact of U.S. trade. U.S. companies that have insurance transactions surpassing $8 million in a year must report, and BEA will contact those required to file the survey. Reports are due within 30 days after the end of each calendar quarter, except the final quarter, which has a 45-day deadline.

    Simple Explanation

    The government is asking U.S. insurance companies that do business with other countries to tell them about these activities every three months, so they can understand how much buying and selling is happening. Only the companies that do a lot more than usual need to report, like more than $8 million a year.

  • Type:Notice
    Citation:90 FR 10885
    Reading Time:about 3 minutes

    The Bureau of Economic Analysis (BEA), part of the Department of Commerce, has announced the mandatory Annual Survey of Foreign Ocean Carriers' Expenses in the United States, known as BE-29. This survey collects data to understand the expenses of foreign ocean carriers in the U.S. and measure trade in transport services, which is crucial for analyzing its impact on both the U.S. and foreign economies. Entities required to respond include U.S. agents who managed 40 or more foreign carrier port calls or had expenses of $250,000 or more. Responses must be submitted within 45 days after the calendar year ends.

    Simple Explanation

    The Bureau of Economic Analysis wants to know how much money foreign boats spend when they visit the U.S., and they ask people who help these boats to tell them about it every year. This helps them understand how this spending affects both America and other countries.