International Services Surveys: BE-120, Benchmark Survey of Transactions in Selected Services and Intangible Assets

Fri, Dec 15 2006 11:00:00 GMT

This final rule amends regulations of the Bureau of Economic Analysis, Department of Commerce (BEA) to set forth the reporting requirements for the BE120, Benchmark Survey of Transactions in Selected Services and Intangible Assets with Foreign Persons. This survey replaces a similar but more limited survey, the BE20, Benchmark Survey of Selected Services Transactions with Unaffiliated Foreign Persons. The agency form number and survey title are being changed because the survey is being reconfigured to reflect changes in BEA's survey program for international services that have occurred since the previous BE20 survey was conducted, as well as to begin collection of data on transactions with affiliated foreigners and unaffiliated foreigners using the same survey instruments. The BE120 survey will be conducted once every five years beginning with fiscal year 2006.

The BE120 survey is intended to cover the universe of selected services transactions and transactions in intangible assets with for

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International Services Surveys: BE-120, Benchmark Survey of Transactions in Selected Services and Intangible Assets