2025-17409Notice

Uncle Sam Surveys Foreign Billions Pouring into U.S. Businesses

Published Date: 9/10/2025

Notice

Summary

The Department of Commerce is updating its annual survey that asks foreign-owned U.S. businesses about their finances and operations. Around 6,400 companies will spend about 23.5 hours each filling out forms, helping the government track foreign investment’s impact on the U.S. economy. They’re asking for public feedback for 30 more days before finalizing these changes, so now’s the time to speak up!

Analyzed Economic Effects

2 provisions identified: 0 benefits, 2 costs, 0 mixed.

Mandatory BE-15 Reporting Burden

If your business is foreign‑owned and operates in the U.S., you may be required to file the BE-15 survey annually. About 6,400 companies must respond each year, spending an average of 23.5 hours each (total burden 150,700 hours). The forms breakdown is ~3,200 A forms (44.45 hours each), ~1,600 B forms (3.6 hours each), ~1,000 C forms (2.1 hours each), and ~600 Claim for Exemption forms (1 hour each). The survey is mandatory under the cited legal authority.

Detailed Financial and State Data Collection

The BE-15 collects detailed financial and operating data from foreign‑owned U.S. businesses, including balance sheets, income statements, property, plant, and equipment (PP&E), employment and employee compensation, merchandise trade, sales, taxes, and research and development. Several items (for example, employment and PP&E) are also collected by state.

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Key Dates

Published Date
9/10/2025

Department and Agencies

Department
Independent Agency
Agency
Commerce Department
Economic Analysis Bureau
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