Direct Investment Surveys: BE-12, Benchmark Survey of Foreign Direct Investment in the United States1997

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This document sets forth proposed rules to revise 15 CFR 806.17 to present the reporting requirements for the BE-12, Benchmark Survey of Foreign Direct Investment in the United States--1997 and to delete the rules now in 15 CFR 806.17, which were for the last benchmark survey covering 1992. The BE-12 benchmark survey is conducted by the Bureau of Economic Analysis (BEA), U.S. Department of Commerce, under Section 3103(b) of the International Investment and Trade in Services Survey Act, which requires that a benchmark survey of foreign direct investment in the United States be conducted every five years. The last benchmark survey was conducted for 1992, and the proposed survey will be conducted for 1997. The benchmark survey will obtain universe data on the financial and operating characteristics of, and on positions and transactions between, U.S. affiliates and their foreign parents. The data from the quinquennial survey will provide benchmarks for deriving current universe estimates of foreign direct investment from sample data collected in other BEA surveys in nonbenchmark years. The data are needed to measure the economic significance of foreign direct investment in the United S