In accordance
with 5 USC 1320, OMB approves the "BE-11C Survey of U.S. Direct
Investment Abroad," subject to three conditions. First, the
exemption level for reporting on the BE-11C form be set at 20%
ownership in a foreign affiliate with assets over $10 million.
Second, if the U.S. Reporter owns between 10% and 20% of a foreign
affiliate and the assets of the affiliate exceed $100 million, the
U.S. Reporter shall report, for 1987 only, data on assets, sales,
and net income. Third, BEA shall evaluate the time it takes to
assemble and present the data collected from this survey, and
report back to OMB by September 1st, 1988 on what steps have been
taken to ensure more timely publication of the data.
Inventory as of this Action
Requested
Previously Approved
07/31/1990
07/31/1990
07/31/1987
1,220
0
2,100
80,900
0
80,500
0
0
0
SECURES DATA ON CURRENT OPERATION OF
U.S. PARENT COMPANIES AND THEIR FOREIGN AFFILIATE INCLUDING BALANCE
SHEETS, INCOME STATEMENTS, TRADE, AND EMPLOYMENT, WI EMPHASIS ON
SERVICES. REQUIRED FOR THE PREPARATION AND ANALYSIS OF U.S.
INTERNATIONAL INVESTMENT, FOR USE IN REPRESENTING THE U.S. IN
INTERNATIONAL FOR A AND IN BILATERAL NEGOTIATIONS WITH FOREIGN
COUNTRIES, AND TO OTHERWISE ASSIST IN THE DEVELOPMENT AND
On behalf of this Federal agency, I certify that
the collection of information encompassed by this request complies
with 5 CFR 1320.9 and the related provisions of 5 CFR
1320.8(b)(3).
The following is a summary of the topics, regarding
the proposed collection of information, that the certification
covers:
(i) Why the information is being collected;
(ii) Use of information;
(iii) Burden estimate;
(iv) Nature of response (voluntary, required for a
benefit, or mandatory);
(v) Nature and extent of confidentiality; and
(vi) Need to display currently valid OMB control
number;
If you are unable to certify compliance with any of
these provisions, identify the item by leaving the box unchecked
and explain the reason in the Supporting Statement.