Many US businesses with significant non-US investors may be
required to file a BE-12 with the Bureau of Economic Analysis
("BEA") this year as part of a survey that the BEA
conducts every five years and most recently in 2018. The BE-12,
also known as the Benchmark Survey of Foreign Direct Investment in
the United States, is a collection of financial and operating data
that must be filed by certain US businesses—even if they have
not been contacted by the BEA.
Determining whether a US business must file a BE-12 and completing
the form can be a significant burden, particularly if the business
has limited compliance resources or is not subject to extensive
regulation that requires similar data gathering. Please join US
regulatory lawyers Matt Bisanz and Kerri Webb as they talk about
what the BE-12 means for US businesses and their non-US
investors.
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