Mandatory Commerce Department Outbound Investment Survey Deadline Approaching

Certain U.S. companies and their foreign affiliates should be aware that responses to a mandatory Commerce Department outbound investment survey are due as soon as May 29, 2015. The Commerce Department's Bureau of Economic Analysis (BEA), under the authority of the International Investment and Trade in Services Survey Act, is conducting the 2014 Benchmark Survey of U.S. Direct Investment Abroad, a broad statistical survey that is conducted every five years. BEA collects survey data through a series of BE-10 forms, and U.S. companies subject to the BE-10 reporting requirements must respond to the survey irrespective of whether they are contacted by BEA. U.S. companies that fail to comply with the BE-10 reporting requirements could be subject to civil penalties of up to US$25,000 or, in some cases, criminal penalties. BEA expects approximately 3,900 companies to respond to the BE-10 survey.

Read More: Mandatory Commerce Department Outbound Investment Survey Deadline Approaching


Download PDF Share Back To Listing
Loading data