Commerce Seeking Comments on Annual FDI Survey Information Collection

The Commerce Department is seeking public comments on an information collection involving its annual survey of foreign direct investment in the U.S. The survey provides “reliable, useful, and timely measures” of FDI to the government to allow it to assess the impact of the investment on the U.S. economy. In a change made last year, the survey’s BE15A form will no longer include the “expensed petroleum and mining expenditures item.” Commerce said the item “is not a good fit conceptually as a component of property, plant, and equipment (capital) expenditures.” Comments are due Oct. 10.