Transaction of U.S. Affiliate, Except a U.S. Banking Affiliate, with Foeign Parent -- BE-605 and Transaction of U.S. Banking Affiliate with Foreign Parent -- BE-605 Bank
ICR 199508-0608-001
OMB: 0608-0009
Federal Form Document
⚠️ Notice: This information collection may be outdated. More recent filings for OMB 0608-0009 can be found here:
Transaction of U.S.
Affiliate, Except a U.S. Banking Affiliate, with Foeign Parent --
BE-605 and Transaction of U.S. Banking Affiliate with Foreign
Parent -- BE-605 Bank
Extension without change of a currently approved collection
Secures data on transaction between
U.S. affiliates and foreign parents needed to compile the U.S.
balance of payments, international investment position, and the
national income and product accounts. The data are also needed to
measure the amount of foreign direct investment in the United
States (FDIUS), monitor changes in such investment, assess its
impact on the U.S. and foreign economies, and based on that
assessment, make informed policy decisions regarding
FDIUS.
On behalf of this Federal agency, I certify that
the collection of information encompassed by this request complies
with 5 CFR 1320.9 and the related provisions of 5 CFR
1320.8(b)(3).
The following is a summary of the topics, regarding
the proposed collection of information, that the certification
covers:
(i) Why the information is being collected;
(ii) Use of information;
(iii) Burden estimate;
(iv) Nature of response (voluntary, required for a
benefit, or mandatory);
(v) Nature and extent of confidentiality; and
(vi) Need to display currently valid OMB control
number;
If you are unable to certify compliance with any of
these provisions, identify the item by leaving the box unchecked
and explain the reason in the Supporting Statement.