Direct Investment Surveys: BE-12, Benchmark Survey of Foreign Direct Investment in the United States-2002

Resumo

This notice sets forth a proposed rule to revise the reporting requirements for the BE-12, Benchmark Survey of Foreign Direct Investment in the United States. The Department of Commerce, as part of its continuing effort to reduce paperwork and respondent burden, invites the general public and other Federal agencies to comment on proposed and/or continuing information collections, as required by the Paperwork Reduction Act of 1995. The BE-12 survey is a mandatory survey and is conducted once every 5 years by the Bureau of Economic Analysis (BEA), U.S. Department of Commerce, under the International Investment and Trade in Services Survey Act. The proposed benchmark survey will be conducted for 2002. BEA will send the survey to potential respondents in February 2003; responses will be due by May 31, 2003. The last benchmark survey was conducted for 1997. The benchmark survey covers virtually the entire universe of foreign direct investment in the United States in terms of value, and is BEA's most comprehensive survey of such investment in terms of subject matter. Changes proposed by BEA in the reporting requirements to be implemented in this proposed rule are: Raising the reporting t