📊Agency Information Collection Review for Foreign Direct Investment Surveys
Agency Information Collection Activities; Submission to the Office of Management and Budget (OMB) for Review and Approval; Comment Request; Direct Investment Surveys: BE-15, Annual Survey of Foreign Direct Investment in the United States
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.
Agencies
- Commerce Department
- Economic Analysis Bureau
Business Impact
$$ - Med
The notice outlines the requirements for the BE-15 survey that affect foreign-owned U.S. businesses, which have compliance obligations regarding data reporting. Changes to the survey involve reduced burden for minority-owned U.S. affiliates affecting operational reporting for businesses, thus having direct implications for their compliance strategies and financial reporting.