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ARTICLE · 19 MAY 2015

BEA Reporting Deadline Approaches for US Persons with Foreign Affiliates

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The US Department of Commerce's Bureau of Economic Analysis (the "BEA") has amended the reporting requirements applicable to US persons (defined below) related to its 2014 BE-10 Benchmark Survey of US Direct Investment Abroad.

United StatesInternational Law
David Carpenter
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The US Department of Commerce's Bureau of Economic Analysis (the "BEA") has amended the reporting requirements applicable to US persons (defined below) related to its 2014 BE-10 Benchmark Survey of US Direct Investment Abroad. In particular, the new rule mandates that any US person meeting the reporting threshold of Form BE-10 make a Form BE-10 filing, whether or not requested to do so by the BEA. Depending on the number of a US person's Foreign Affiliates (described below), the deadline for making the Form BE-10 filing is either May 29, 2015 or June 30, 2015.

Using annual (BE-11) and "benchmark" (BE-10) surveys, the BEA produces statistics on US direct investment abroad. The benchmark surveys are prepared once every five years and provide the BEA with financial and operating data on foreign investments. The data are used to measure the scope and effect of US direct investment abroad and to measure changes in such investment over time. In addition, the data are used

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