Your Overseas Empire? Quarterly Taxman-Style Transaction Tales
Published Date: 2/28/2025
Notice
Summary
If your U.S. business owns or works with a foreign company, you’ll need to fill out the BE-577 survey every quarter. This survey helps the government understand how U.S. investments abroad affect the economy. It’s required by law, so don’t miss the deadlines or you could face penalties!
Analyzed Economic Effects
1 provisions identified: 0 benefits, 1 costs, 0 mixed.
Quarterly BE-577 Filing Required
If your U.S. business owns or works with a foreign company, you must complete the BE-577 survey every quarter. The survey is mandatory under the International Investment and Trade in Services Survey Act and is used to measure U.S. direct investment abroad. Missed deadlines can lead to legal penalties.
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Key Dates
Department and Agencies
Related Federal Register Documents
2026-06039 — Agency Information Collection Activities; Submission to the Office of Management and Budget (OMB) for Review and Approval; Comment Request; Direct Investment Surveys: BE-13, Survey of New Foreign Direct Investment in the United States
The government is asking businesses with new foreign investments in the U.S. to keep filling out the BE-13 survey, which helps track how much foreign money is coming into the country. About 3,400 companies will respond yearly, spending around 36 minutes each. This survey stays mandatory, with no changes, and helps understand the impact of foreign investments on the U.S. economy.
2026-06040 — Agency Information Collection Activities; Submission to the Office of Management and Budget (OMB) for Review and Approval; Comment Request; Direct Investment Surveys: BE-605, Quarterly Survey of Foreign Direct Investment in the United States-Transactions of U.S. Affiliate With Foreign Parent
The Department of Commerce is updating a quarterly survey that asks U.S. companies owned by foreign parents about their business deals. About 2,100 companies respond each quarter, spending around an hour each time. This update helps keep important economic data accurate without adding extra hassle, and the public has 30 more days to share their thoughts.
2026-05074 — BE-577: Quarterly Survey of U.S. Direct Investment Abroad-Transactions of U.S. Reporter With Foreign Affiliate
If your U.S. business owns or controls a foreign company, you’ll need to fill out the BE-577 survey every quarter. This survey helps the government track how much money U.S. companies invest abroad and how it affects the economy. You’ll have 30 days after each quarter to report, or 45 days if it’s the year’s final quarter—so keep an eye on those deadlines!
2026-05080 — BE-29: Annual Survey of Foreign Ocean Carriers' Expenses in the United States
The BE-29 survey asks U.S. agents of foreign ocean carriers to report their expenses in the U.S. if they handled 40+ port calls or spent $250,000+ in a year. This mandatory survey helps the government track trade in shipping services and understand its impact on the economy. Reports are due within 45 days after the calendar year ends, so get ready to share your numbers on time!
2026-05075 — BE-11: Annual Survey of U.S. Direct Investment Abroad
The BE-11 survey asks U.S. companies that own more than half of a foreign business to share info about their investments abroad. This helps the government understand how American money moves around the world and affects the economy. If you’re one of these companies, get ready to report your last fiscal year’s data by May 31—it’s mandatory and important!
2026-05076 — BE-9: Quarterly Survey of Foreign Airline Operators' Revenues and Expenses in the United States
If you work for a foreign airline with offices in the U.S., you’ll need to fill out a quarterly survey about your money coming in and going out here. This helps the government understand how foreign airlines impact the U.S. economy and trade. You’ll have 30 days after each quarter to send in your report, so get ready to share your numbers on time!
Previous / Next Documents
Previous: 2025-03322 — BE-185: Quarterly Survey of Financial Services Transactions Between U.S. Financial Services Providers and Foreign Persons
The BE-185 survey asks U.S. financial companies about their money deals with people and businesses in other countries. This helps the government understand how U.S. financial services trade affects the economy here and abroad. If you work in U.S. financial services, expect to share info every quarter to keep things running smoothly and on time.
Next: 2025-03324 — BE-605: Quarterly Survey of Foreign Direct Investment in the United States-Transactions of U.S. Affiliate With Foreign Parent
The BEA is running a mandatory quarterly survey called BE-605 to track how foreign companies invest in their U.S. branches. If you’re a U.S. business owned by a foreign parent, you’ll need to share info about your financial transactions. This helps the government understand foreign investment’s impact on the U.S. economy and keeps the data fresh and accurate.