Commerce Notifies Industry of Mandatory FDI Reporting

The Commerce Department’s Bureau of Economic Analysis is conducting its annual mandatory survey on foreign direct investment in the U.S., a March 10 notice said. BEA said it will contact all entities “required to respond to this mandatory survey,” including U.S. businesses that have a “foreign person” with a direct or indirect ownership stake at a certain level. Completed FDI reports covering the previous fiscal year are due by May 31, BEA said, or by June 30 for companies that use the agency’s electronic reporting system.