BE-120 Survey form 2022

BE-120_2022.pdf

BE-120 Benchmark Survey of Transactions in Selected Services and Intellectual Property with Foreign Persons

BE-120 Survey form 2022

OMB: 0608-0058

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FORM

BE-120

(REV. 08/2022)	

OMB No. 0608-0058: Approval Expires 05/31/2025
BE-120 Identification Number

2022 BENCHMARK SURVEY OF TRANSACTIONS IN SELECTED SERVICES
AND INTELLECTUAL PROPERTY WITH FOREIGN PERSONS
FORM BE-120
Due date:
July 31, 2023

Name and address of U.S. Reporter
10001

0

Extension information: 	
See Part V, page 34 of the General
Instructions.
Electronic filing: 	
www.bea.gov/efile
Mail reports to: 	
Bureau of Economic Analysis
Balance of Payments Division, BE-50 (SSB)
4600 Silver Hill Rd.
Washington, DC 20233
Deliver reports to:	
Bureau of Economic Analysis
Balance of Payments Division, BE-50 (SSB)
4600 Silver Hill Rd.
Suitland, MD 20746
Fax reports to: 	
(301) 278-9507

Company Name:

In care of:
0
10002

Attention:
0

10003

Address:
0

10004_0

City

10004_1 State
0

0

10004_2 Zip
0

Assistance: 	
E-mail: [email protected]
Telephone: (301) 278-9303
FAQs, video tutorials, and blank forms: www.bea.gov/be120

BE-120 Filing Requirements:
• 	A BE-120 survey is required of each U.S. person that had transactions with foreign persons in the covered services or intellectual
property during its 2022 fiscal year. Any U.S. person that did not have transactions in the covered services or intellectual property is
required to complete the survey through page 6, if notified by BEA about this survey. A list of covered transactions can be found on
pages 4 and 5.
•	 Any U.S. person whose combined sales to foreign persons of covered services and intellectual property exceeded $2 million for
its 2022 fiscal year, or whose combined purchases from foreign persons of covered services and intellectual property exceeded
$1 million for its 2022 fiscal year, on an accrual basis, is required to provide data on total sales and/or purchases for each type of
service and intellectual property transaction in which they engaged and must disaggregate the totals by country and by relationship
to the foreign transactor (foreign affiliate, foreign parent group, or unaffiliated).
•	 Any U.S. person whose combined sales to foreign persons of covered services and intellectual property were $2 million or less for its
2022 fiscal year, or whose combined purchases from foreign persons of covered services and intellectual property were $1 million or
less for its 2022 fiscal year, on an accrual basis, is required to provide data on total sales and/or purchases for each type of transaction
in which they engaged.
NOTE: Because these thresholds apply separately to sales and purchases, reporting requirements may apply to sales only, to
purchases only, or to both. For more information on filing requirements, see the General Instructions on page 24.
Authority, Confidentiality, Penalties
This survey is being conducted under the International Investment and Trade in Services Survey Act (P.L. 94-472, 90 Stat. 2059,
22 U.S.C. 3101-3108, as amended). The filing of reports is mandatory, and the Act provides that your report to BEA is confidential.
Contact Information

Provide information of person to consult about this report:
Name

Telephone Number

0

0

10005

10006

E-mail Address
0
10008

10007

—
— — — - — — — —
Fax Number
0
(— — —) — — — - — — — —
(—

—)

Extension

— — — —

NOTE: BEA uses a Secure Messaging System to correspond with you via encrypted message to discuss questions relating to
this form. We may use your e-mail address for survey-related announcements and to inform you about secure messages. When
communicating with BEA by e-mail, please do not include any confidential business or personal information.
Certification
The undersigned official certifies that this report has been prepared in accordance with the applicable instructions, is complete, and is
substantially accurate including estimates that may have been provided.
Signature of Authorized Official

Date

Name

Title

Telephone Number

(—

— —) — — — - — — — —

Extension

— — — —

Identification of U.S. Reporter
Report all information based on the operations of the consolidated domestic U.S. Reporter. Consolidated domestic U.S. Reporter means
the fully consolidated domestic U.S. enterprise consisting of (i) the U.S. corporation whose voting securities are not owned more than 50
percent by another U.S. corporation, and, proceeding down each ownership chain from that U.S. corporation, (ii) any U.S. corporation whose
voting securities are more than 50 percent owned by the U.S. corporation above it. The fully consolidated domestic U.S. enterprise excludes
foreign branches and other foreign affiliates.

1 	 What is the U.S. Reporter’s 2022 fiscal year covered in this report?
Use these dates as the reporting period for the subsequent survey questions.
Month

Day

Year

11001 1

Beginning date . . . . . . .__ __ / __ __ / __ __ __ __
Month
11002

Day

Year

1

2022
Ending date. . . . . . . . . .__ __ / __ __ / __ __ __ __
	 What was the status of the U.S. Reporter during the reporting period identified in question

2

11003

1

1

1

2

1

3

1 ?

■	In existence the entire reporting period – Continue filling out this form.
■	In existence during only part of the reporting period – Continue filling out this form for the portion of the reporting period the U.S.
Reporter was in existence and, in the comments section below, explain why it did not exist for a part of the period.

■	Not in existence during the reporting period – In the comments section below, explain why your company was not in existence
during the reporting period. Please return form according to instructions on page 1.

	 Was the U.S. Reporter owned more than 50 percent by another U.S. entity or business enterprise at any point during the reporting

3

period identified in question 1 ?
See Part II.F of the General Instructions on page 26 for the definition of business enterprise.

11004

1

1

1

2

■	No — Continue filling out this form.
■ Yes — Check A or B:
2
1
■	 A – Owned by another U.S. entity or business enterprise for part of the reporting period — Enter the name,
2

contact information, and address of the controlling U.S. entity below and continue filling out this form, but only
report transactions for the period during which the U.S. Reporter was NOT owned by another U.S. entity. Provide
any comments in the section below.

2

■	 B – Owned by another U.S. entity or business enterprise for the entire reporting period — Enter the name, contact
information, and address of the controlling U.S. entity below, provide any comments in the section below, and
return this form according to the instructions on page 1.

10016

10017

Name

Comments

0

Contact name
0

10019

Address — Number and street

10020

City

10018 Phone number
0

0

0

10021 State

10022 Zip

0

0

4 	 What is the primary Employer Identification Number (EIN) used by the U.S. Reporter to file U.S. income or payroll taxes?
11009

1

___ ___ – ___ ___ ___ ___ ___ ___ ___

➙ Continue to the next page
●

Page 2	

FORM BE-120 (REV. 08/2022)

What to Report
The scope of this survey is limited to transactions in selected services and intellectual property between the consolidated domestic U.S. Reporter and
foreign persons*. A full list of the types of services and intellectual property covered is located in  Tables 1 and 2 beginning on the next page.
Additional information, including FAQs and video tutorials, can be found at: www.bea.gov/be120.
* Person, when used throughout this survey, means any individual, branch, partnership, associated group, association, estate, trust, corporation, or
other organization (whether or not organized under the laws of any State), and any government (including a foreign government, the United States
Government, a state or local government, and any agency, corporation, financial institution, or other entity or instrumentality thereof, including a
government sponsored agency).

✓
REPORT transactions
between the U.S. Reporter
and all foreign persons,
regardless of the relationship
between the U.S. Reporter
and the foreign persons. See
page 13 for more information
on reporting relationships.

✖
DO NOT REPORT transactions
between the U.S. Reporter’s
foreign affiliates or foreign
parent group and other foreign
persons.

✖

DO REPORT:

✓	Transactions between your consolidated domestic U.S. operations and all foreign persons, regardless of affiliation, including inter-company 	
transactions that you may not consider transactions under global consolidation.

✓	Services performed on a cross-border basis, wherein the service is performed remotely by internet, email, telephone, postal service, etc.
✓	Services performed in person, wherein the service is performed for, or by, an individual temporarily traveling abroad.
✓	Sales and purchases of rights to use or distribute intellectual property, as well as outright sales or purchases of intellectual property such as patents,
copyrights, trademarks, etc.
DO NOT REPORT:

✖	 Transactions between the U.S. Reporter’s foreign affiliates and other foreign persons.
✖	 Transactions between other U.S. persons and foreign affiliates of the U.S. Reporter.
✖	 Transactions between the U.S. Reporter’s domestic operations and other U.S. persons.
✖	 The sale or purchase of goods (limited exceptions apply to sales of merchanting and construction services. See pages 12 and 18 for more
information).

✖	 Income on financial instruments (including interest, dividends, capital gains, etc.).
✖	 Taxes, penalties, fines, gifts, or grants.
✖	 Transportation of freight or passengers (except for space transport, which should be reported as transaction code 38), and port services.
✖	 Travel-related services (including hotel accommodation, restaurant meals, and other expenditures while on travel).
More information about the scope and purpose of this survey can be found in the General Instructions beginning on page 24.

➙ Continue to the next page
●
FORM BE-120 (REV. 08/2022)	

Page 3

Reporting Intellectual Property Transactions
REPORTING INSTRUCTIONS – Table 1 (below) lists the types of reportable intellectual property transactions covered by this survey. For each type
listed, enter the U.S. Reporter’s total transactions with foreign persons during the reporting period identified in question 1 of the survey. Enter the U.S.
Reporter’s total sales to foreign persons in column 3, and the U.S. Reporter’s total purchases from foreign persons in column 4.
NOTE: Sales and purchases include accrued receipts and payments related to intellectual property. Definitions of the types of intellectual property
transactions covered in Table 1 can be found on pages 27-29 of the General Instructions.
Bil.

IMPORTANT – Report amounts in thousands of U.S. dollars (omitting 000).
Round amounts of less than $500.00 to 0. Do not enter amounts in the shaded portions of each item.

Mil.

Thous.

Dols.

1

335

000

1

EXAMPLE: If amount is $1,334,891.00, report as. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .

$

Transactions for intellectual property rights must be reported based on the types of rights conveyed with each transaction. Sales to, or purchases from,
foreign persons related to intellectual property rights typically fall into three categories: rights to use, rights to reproduce and/or distribute, and outright sale
or purchase of the intellectual property.
EXAMPLE: Sales to foreign persons for rights related to the distribution of pharmaceutical products should be reported as “Rights related to the use of a
patent, process, or trade secret to produce and/or distribute a product or service” which corresponds with transaction code 1.1 as shown in Column 1 of
Table 1 below.

Table 1 Transactions with Foreign Persons Related to Intellectual Property Rights
Transaction
code

Transaction type

Total sales
to all foreign
persons

Total purchases
from all foreign
persons

(1)

(2)

(3)

(4)

Rights related to patents, processes, and trade secrets
1.1
1.3

Rights related to the use of a patent, process, or trade secret to produce and/or distribute a product
or service 	

21001

Outright sales or purchases of proprietary rights related to patents, processes, and trade secrets 	

21002

1 

$

000

2 

$

000

1

000

2

000

1

000

2

000

1

000

2

000

1

000

2

000

1

000

2

000

1

000

2

000

1

000

2

000

1

000

2

000

1

000

2

000

1

000

2

000

1

000

2

000

1

000

2

000

1

000

2

000

000

2

000

Rights related to books, music, etc.
2.1
2.2
2.3

Rights to use books, music, etc., including end-user rights related to digital content 	
Rights to reproduce and/or distribute books, music, etc. 	

21003
21004

Outright sales or purchases of proprietary rights related to books, music, etc. 	

21005

Rights related to trademarks
3.1
3.3

Rights to use trademarks 	

21006

Outright sales or purchases of proprietary rights related to trademarks 	

21007

Rights related to recorded performances and events such as radio and television programs and motion
pictures
4.1

Rights to use recorded performances and events, including end-user rights related to digital content 	

21008

4.2

Rights to reproduce and/or distribute recorded performances and events 	

21009

4.3

Outright sales or purchases of proprietary rights related to recorded performances and events 	

21010

Rights to broadcast and record live performances and events
5.2

Rights to broadcast and record live performances and events 	

21011

Rights related to general use computer software
6.2

Rights to reproduce and/or distribute general use computer software 	

21012

6.3

Outright sales or purchases of proprietary rights related to general use computer software 	

21013

Franchise fees
7.1
7.3

Fees associated with business format franchising 	

21014

Outright sales or purchases of proprietary rights related to business format franchising 	

21015
21000

Sum of transactions reported on this page...............................................................................

1

000

000

➙ Continue to the next page
●
Page 4	

FORM BE-120 (REV. 08/2022)

Reporting Selected Services Transactions
REPORTING INSTRUCTIONS – Table 2 (below) lists the types of selected services transactions covered by this survey. For each type listed, enter
the U.S. Reporter’s total transactions with foreign persons during the reporting period identified in question 1 of the survey. Enter the U.S. Reporter’s
total sales to foreign persons in column 3, and the U.S. Reporter’s total purchases from foreign persons in column 4.
NOTE: Definitions of the types of selected services transactions covered in Table 2 can be found on pages 29-34 of the General Instructions.

Table 2 Sales and Purchases of Selected Services with Foreign Persons
Transaction
code
(1)

9

Total sales
to all foreign
persons
(3)

Transaction type
(2)

Accounting, auditing, and bookkeeping services 	

31001

	10

Advertising services 	

31002

	11

Auxiliary insurance services	

31003

12.1

Computer software, including end-user licenses and customization services	

31004

12.2

Cloud computing and data storage services	

31005

Other computer services	

31006

	13

12.3

Construction services	

31007

	14.1

News agency services (excludes production costs related to news broadcasters,
see code 42)	

31008

	14.2

Other information services	

31009

	15

000

2 $

000

1

000

2

000

1

000

2

000

1

000

2

000

1

000

2

000

1

000

2

000

1

000

2

000

1

Education services	

31010

16.1

Architectural services	

31011

16.2

Engineering services	

31012

16.3

Surveying, cartography, certification, testing, and technical inspection services	

31013

	17

Financial services	

31014

	19.1

Maintenance services	

31015

	19.2

Installation, alteration, and training services	

31016

	20

Legal services	

31017

21.1

Market research services	

31018

21.2

Public opinion polling services	

31019

21.3

Other management, consulting, and public relations services	

31020

	22

Merchanting services (net receipts)	

31021

	23

Mining services	

31022

	24

Operational leasing	

31023

	25

Trade-related services, other than merchanting services	

31024

	26

Artistic-related services	

31025

	27

Premiums paid on primary insurance	

31026

	28

Losses recovered on primary insurance	

31027

29.1

Provision of customized and non-customized research and development services	

31028

29.2

Other research and development services	

31029

	30

Telecommunications services	

31030

	32

Health services	

31031

	33

Heritage and recreational services	

31032

	34

Audiovisual and production services	

31033

	35

Contract manufacturing services	

31034

36

Disbursements for sales promotion and representation	

31035

37

Photographic services (including satellite photography services)	

31036

38

Space transport services	

31037

39

Trade exhibition and sales convention services	

31038

40

Agricultural services	

31039

41

Waste treatment and depollution services	

31040

Other selected services n.i.e. (not included elsewhere)	

31041

	42

1 $

Total purchases
from all foreign
persons
(4)

Sum of transactions reported on this page......................................................

2

000
1

000

000

2

000

1

000

2

000

1

000

2

000

1

000

2

000

1

000

2

000

2

000

1

000

2

000

1

000

2

000

1

000

2

000

1

000

2

000

1

000

2

000

1

000

2

000

1

000

1

000

2

000

1

000

2

000

1

000

2

000

1

000

2

000

2

000

2

000

1

000

2

000

1

000

2

000

1

000

2

000

1

000

2

000

1

000

2

000

1

000

2

000

1

000

2

000

1

000

2

000

1

000

2

000

1

000

2

000

1

000

2

000

1

000

2

000

1

000

2

000

1

000

2

000

1

000

2

000

31000

➙ Continue to the next page
●
FORM BE-120 (REV. 08/2022)	

Page 5

Determination of Reporting Status
Bil.

Mil.

Thous.

Dols.

11010 1

$

5 	 Enter the total combined sales to foreign persons (sum of column 3 in Tables 1 and 2 )
	

000

Did you report total combined sales to foreign persons greater than $2 million in Tables 1 and 2 on pages 4 and 5?
11011 1

1

■	Yes – For each of the transaction types with sales greater than $500 during the reporting period, you are required to report

additional details on the country and affiliation to the foreign transactor(s) on Schedules A , C or D as indicated in the table
below. Complete a separate Schedule for each applicable transaction code. Continue to the next question.
Schedule

Transaction Codes

Page

Schedule A (Sales)

1.1–42 (excluding 13, 17*,27*, and 28*)

14

Schedule C (Sales)

13

18

Schedule D (Sales)

9, 10, 12.3, 14.1, 15, 16.1–16.3, 19.2, 20, 21.1–21.3, 24,

20

25, 29.1–29.2, 32, 34, 36, 37
(also must report on Schedule A )
*Sales of services corresponding with transaction codes 17, 27, and 28 are not reportable on this survey.
1

2

■	No –

If your total combined sales to foreign persons were $2 million or less during the reporting period, you are requested, but not
required, to report additional details on the country and affiliation with the transactor(s) on Schedules A , C , or D as indicated
in the table above. Continue to the next question.
Bil.
11012

6 	 Enter the total combined purchases from foreign persons (sum of column 4 in Tables 1 and 2 )
	

Mil.

Thous.

Dols.

1

$

000

Did you report total combined purchases from foreign persons greater than $1 million in Tables 1 and 2 on pages 4 and 5?
11013

1

1

■	Yes – For each of the transaction types with purchases greater than $500 during the reporting period, you are required to report

additional details on the country and affiliation to the foreign transactor(s)on Schedules B or E as indicated in the table below.
Complete a separate Schedule for each applicable transaction code.
Schedule

Transaction Codes

Page

Schedule B (Purchases)

1.1–42 (excluding 22*)

16

Schedule E (Purchases)

9, 10, 12.3, 14.1, 15, 16.1–16.3, 19.2, 20,
21.1–21.3, 24, 25, 29.1–29.2, 32, 34, 36, 37
(also must report on Schedule B )

22

*Purchases of goods corresponding with transaction code 22 should be netted against sales of those goods and reported on
Schedule A .
1

	

2

■	No – If your total combined purchases from foreign persons were $1 million or less during the reporting period, you are requested, but
not required, to report additional details on the country and affiliation with the transactor(s) on Schedules B or E as indicated in
the table above.

If you answered “Yes” to either question 5 or question 6 , continue with the survey and answer questions 7  –  16 on pages 7-12
before completing Schedules A – E  , as required.
If you answered “No” to both question 5 and 6 , but wish to provide additional information on a voluntary basis, continue with the
survey and answer questions 7  –  16 on pages 7–12 before completing Schedules A – E , as appropriate.



If you answered “No” to both question 5 and 6 , and do not wish to provide additional information on a voluntary basis, STOP here
and return the form according to the instructions on page 1.

➙ Continue to the next page
●
Page 6	

FORM BE-120 (REV. 08/2022)

U.S. Reporter’s Domestic Employment and Industry Classification

7 	 What range below represents the consolidated domestic U.S. Reporter’s number of employees at the end of FY 2022?
	

Include part-time employees, but exclude temporary and contract employees not included on your payroll records. A count taken at some
other date during the reporting period may be used if it is a reasonable estimate of employees on the payroll at the end of FY 2022. If the
number of employees at the end of FY 2022 (or when the count was taken) was unusually high or low due to temporary factors (e.g., a
strike), select the range of employees that reflects normal operations. If the number of employees fluctuates widely during the year due to
seasonal business variations, select the average number of employees on the payroll during FY 2022. Base such an average on the number
of employees on the payroll at the end of each pay period, month or quarter. 						

11014
			

			

	
	
	

	 	
	 	
	 	

1

1

1

2

1

3

1

4

1

5

■ 0 employees (e.g. Sole Proprietorship)	 1 6 ■ 250-499 employees
1
7 ■ 500-999 employees
■ 1-19 employees				
1
8 ■ 1,000-9,999 employees
■ 20-49 employees			
1
9 ■ More than 9,999 employees
■ 50-99 employees			
■ 100-249 employees			

8 	 Using the summary of industry classifications on the next page, as well as the example below, what is the 4-digit code that best
describes the primary sales activity of the consolidated domestic U.S. Reporter?
11008

1

__ __ __ __

EXAMPLE FOR DETERMINING PRIMARY SALES ACTIVITY (NAICS CODE)
Report the industry code that best describes the primary sales activity of the consolidated domestic U.S. Reporter. For example, if 60% of
the consolidated domestic U.S. Reporter’s sales are generated by Affiliate A, a U.S. automobile manufacturer (NAICS 3361), and 40% of the
consolidated domestic U.S. Reporter’s sales are generated by Affiliate B, an industrial engineering company (NAICS 5413), then you should
report your industry code as 3361.

Consolidated domestic
U.S. Reporter
($50 Million Total Sales)

U.S. Affiliate A
NAICS 3361
($30 Million Total Sales)

Use NAICS 3361 because U.S. Affiliate
A's sales are greater than U.S. Affiliate
B's.

U.S. Affiliate B
NAICS 5413
($20 Million Total Sales)

➙ Continue to page 9 after completing Question
●

FORM BE-120 (REV. 08/2022)	

8

Page 7

Summary of Industry Classifications – For a full explanation of each code see www.bea.gov/naics2022
Agriculture, Forestry, Fishing, and Hunting
1110 	
1120 	
1130 	
1140 	
1150 	

Crop production
Animal production and aquaculture
Forestry and logging
Fishing, hunting, and trapping
Support activities for agriculture and forestry

Mining, Quarrying, and Oil & Gas
Extraction
2111 	
2121 	
2123 	
2124 	
2125 	
2126 	
2127 	
2132 	
2133 	
	

Oil and gas extraction
Coal
Nonmetallic minerals
Iron ores
Gold and silver ores
Copper, nickel, lead, and zinc ores
Other metal ores
Support activities for oil and gas operations
Support activities for mining, except
for oil and gas operations

Utilities
2211 	
	
2212 	
2213 	

Electric power generation,
transmission, and distribution
Natural gas distribution
Water, sewage, and other systems

Construction
2360 	 Construction of buildings
2370 	 Heavy and civil engineering construction
2380 	 Specialty trade contractors

Manufacturing
3111 	
3112 	
3113 	
3114 	
	
3115 	
3116 	
3117 	
3118 	
3119 	
3121 	
3122 	
3130 	
3140 	
3150 	
3160 	
3210 	
3221 	
3222 	
3231 	
3242 	
3243 	
3244 	
	
3251 	
3252 	
	
3253 	
	
3254 	
3255 	
3256 	
	
3259 	
3261 	
3262 	
3271 	
3272 	
3273 	
3274 	
3279 	
3311 	
3312 	
3313 	
	
3314 	
	
3315 	
3321 	
3322 	
3323 	
3324 	
3325 	
3326 	
3327 	
	
3328 	
	
3329 	
3331 	

Page 8	

Animal food manufacturing
Grain and oilseed milling
Sugar and confectionery products
Fruit and vegetable preserving and
specialty foods
Dairy products
Meat products
Seafood product preparation and packaging
Bakeries and tortilla manufacturing
Other food products
Beverages
Tobacco
Textile mills
Textile product mills
Apparel
Leather and allied products
Wood products
Pulp, paper, and paperboard mills
Converted paper products
Printing and related support activities
Integrated petroleum refining and extraction
Petroleum refining without extraction
Asphalt and other petroleum and
coal products
Basic chemicals
Resins, synthetic rubbers, and artificial
and synthetic fibers and filaments
Pesticides, fertilizers, and other
agricultural chemicals
Pharmaceuticals and medicines
Paints, coatings, and adhesives
Soap, cleaning compounds, and
toilet preparations
Other chemical products and preparations
Plastics products
Rubber products
Clay products and refractories
Glass and glass products
Cement and concrete products
Lime and gypsum products
Other nonmetallic mineral products
Iron and steel mills
Steel products from purchased steel
Alumina and aluminum production
and processing
Nonferrous metal (except aluminum)
production and processing
Foundries
Forging and stamping
Cutlery and hand tools
Architectural and structural metals
Boilers, tanks, and shipping containers
Hardware
Spring and wire products
Machine shop products, turned products, and 	
screws, nuts, and bolts
Coating, engraving, heat treating,
and allied activities
Other fabricated metal products
Agriculture, construction, and mining machinery

3332 	
3333 	
3334 	
	
3335	
3336 	
	
3339 	
3341 	
3342 	
3343 	
3344 	
	
3345 	
	
3346 	
	
3351 	
3352 	
3353 	
3359 	
3361 	
3362 	
3363 	
3364 	
3365 	
3366 	
3369 	
3370 	
3391 	
3399 	

Industrial machinery
Commercial and service industry machinery
Ventilation, heating, air-conditioning,
and commercial refrigeration equipment
Metalworking machinery
Engines, turbines, and power 			
transmission equipment
Other general purpose machinery
Computer and peripheral equipment
Communications equipment
Audio and video equipment
Semiconductors and other
electronic components
Navigational, measuring, electromedical,
and control instruments
Manufacturing and reproducing
magnetic and optical media
Electric lighting equipment
Household appliances
Electrical equipment
Other electrical equipment and components
Motor vehicles
Motor vehicle bodies and trailers
Motor vehicle parts
Aerospace products and parts
Railroad rolling stock
Ship and boat building
Other transportation equipment
Furniture and related products
Medical equipment and supplies
Other miscellaneous manufacturing

Wholesale Trade, Durable Goods
4231 	 Motor vehicles and motor vehicle parts and
supplies
4232 	 Furniture and home furnishing
4233 	 Lumber and other construction materials
4234 	 Professional and commercial
	
equipment and supplies
4235 	 Metal and mineral (except petroleum)
4236 	 Household appliances, and electrical and
	
electronic goods
4237 	 Hardware, and plumbing and heating
	
equipment and supplies
4238 	 Machinery, equipment, and supplies
4239 	 Miscellaneous durable goods

Wholesale Trade, Non-Durable Goods
4241 	
4242 	
4243 	
4244 	
4245 	
4246 	
4247 	
4248 	
4249 	

Paper and paper product
Drugs and druggists’ sundries
Apparel, piece goods, and notions
Grocery and related product
Farm product raw material
Chemical and allied products
Petroleum and petroleum products
Beer, wine, and distilled alcoholic beverage
Miscellaneous nondurable goods

Wholesale Trade Agents and Brokers
4251 	 Wholesale trade agents and brokers

Retail Trade
4410 	
4440 	
	
4450 	
4491	
4492 	
4550	
4561	
4571 	
4572 	
4580	

Motor vehicle and parts dealers
Building material and garden equipment
and supplies dealers
Food and beverage retailers
Furniture and home furnishings retailers
Electronics and appliance retailers
General merchandise retailers
Health and personal care retailers
Gasoline stations
Fuel dealers
Clothing, clothing accessories, shoe, and
	
jewelry retailers
4591 	 Sporting goods, hobby, and musical instrument 	
	retailers
4592	 Book retailers and news dealers
4596 	 Miscellaneous retailers

Transportation and Warehousing
4810 	
4821 	
4833 	
4839 	
4840 	
4850 	
4863 	
	
4868 	
4870 	
4880 	
4920 	
4932 	
4939 	

Air transportation
Rail transportation
Petroleum tanker operations
Other water transportation
Truck transportation
Transit and ground passenger transportation
Pipeline transportation of crude oil,
refined petroleum products, and natural gas
Other pipeline transportation
Scenic and sightseeing transportation
Support activities for transportation
Couriers and messengers
Petroleum storage for hire
Other warehousing and storage

Information
5121 	 Motion picture and video industries
5122 	 Sound recording industries
5131	 Newspaper, periodical, book, and directory publishers
5132	 Software publishers
5161	 Radio and television broadcasting stations
5162	 Media streaming distribution services, social networks, and 	
	
other media networks and content providers
5171	 Wired and wireless telecommunications (except satellite)
5174 	 Satellite telecommunications
5178	 All other telecommunications
5182 	 Computing infrastructure providers, data processing, web 	
	
hosting, and related services
5192	 Web search portals, libraries, archives, and other information 	
	services

Finance and Insurance
5221 	 Depository credit intermediation (Banking)
5223 	 Activities related to credit intermediation
5224 	 Non-depository credit intermediation, except 		
	
branches and agencies
5229 	 Non-depository branches and agencies
5231 	 Securities and commodity contracts
	
intermediation and brokerage
5238 	 Other financial investment activities and
	exchanges
5242 	 Agencies, brokerages, and other insurance
	
related activities
5243 	 Insurance carriers, except direct life insurance carriers
5249 	 Direct life insurance carriers
5252 	 Funds, trusts, and other finance vehicles

Real Estate and Rental and Leasing
	 5310 	
5321 	
5329 	
5331 	
	

Real estate
Automotive equipment rental and leasing
Other rental and leasing services
Lessors of nonfinancial intangible assets,
except copyrighted works

Professional, Scientific, and Technical Services
5411 	
5412 	
	
5413 	
5414 	
5415 	
5416 	
5417 	
5418 	
5419 	

Legal services
Accounting, tax preparation, bookkeeping, 		
and payroll services
Architectural, engineering, and related services
Specialized design services
Computer systems design and related services
Management, scientific, and technical consulting services
Scientific research and development services
Advertising, public relations, and related services
Other professional, scientific, and technical services

Management of Companies and Enterprises
5512 	 Holding companies, except bank holding companies
5513 	 Corporate, subsidiary, and regional management offices

Administrative and Support, Waste
Management, and Remediation Services
5611 	
5612 	
5613 	
5614 	
5615 	
5616 	
5617 	
5619 	
5620 	

Office administrative services
Facilities support services
Employment services
Business support services
Travel arrangement and reservation services
Investigation and security services
Services to buildings and dwellings
Other support services
Waste management and remediation services

Educational Services
6110 	 Educational services

Health Care and Social Assistance
6210 	
6220 	
6230 	
6240 	

Ambulatory health care services
Hospitals
Nursing and residential care facilities
Social assistance services

Arts, Entertainment, and Recreation
7110 	 Performing arts, spectator sports, and related industries
7121 	 Museums, historical sites, and similar institutions
7130 	 Amusement, gambling, and recreation industries

Accommodation and Food Services
7210 	 Accommodation
7220 	 Food services and drinking places

Other Services
8110 	
8120 	
8130 	
	

Repair and maintenance
Personal and laundry services
Religious, grantmaking, civic, professional, 		
and similar organizations

Public Administration
9200 	 Public administration

FORM BE-120 (REV. 08/2022)

Primary Location(s) of U.S. Reporter’s Sales to Foreign Persons

 8

	

Did you have any sales of services or intellectual property to foreign persons during the reporting period (was the amount reported in
Question 5 greater than zero)?
1

11015
1 ■ Yes – You are required to provide additional information on the U.S. geographic area where those sales were performed or 	
			
			recognized. Continue to the next question.
1

			 2

■ No — Skip to the next page.

	

9	

In what states, districts, or territories did the U.S. Reporter conduct its sales activities with foreign persons?

	

In column 1 of the table below, indicate the U.S. state(s), district(s), or territory(ies) where the largest percentage of your company’s sales to
foreign persons were performed. If you are unable to determine where the services were performed, or if the services were not performed in the
United States, please attribute sales to the location where the revenues were recognized in your accounting records.

	

NOTE: for intellectual property transactions, indicate the location of the entity that recognized those receipts.

	

In column 2, provide an approximate percentage of the amount(s) reported in Question 5 that correspond with the location indicated in column
1. If possible, please provide up to three location/percentage combinations. The total amount reported does not need to add to 100%.

U.S. Locations Performing the Largest
Percentages of the U.S. Reporter’s Sales
to Foreign Persons

U.S. state/district/territory
(1)

Percentage of
sales reported in
Question 5
(2)

11016

%

11017

%

11018

%

➙ Continue to the next page
●
FORM BE-120 (REV. 08/2022)	

Page 9

Primary Location(s) of U.S. Reporter’s Purchases from Foreign Persons

 10

	 Did you have any purchases of services or intellectual property from foreign persons during the reporting period (was the amount
reported in Question 6 greater than zero)?

			
11018
		

1

			

1

1

■ Yes – You are required to provide additional information on the location where those sales were consumed or 		
recognized. Continue to the next question.

2

■ No — Skip to the next page.

	

11 	 Where did the U.S. Reporter’s purchases from foreign persons occur?
	

In column 1 of the table below, indicate the U.S. state(s), district(s), or territory(ies) where the largest percentage of your company’s purchases
from foreign persons were consumed. If you are unable to determine where the services were consumed, or if the services were not consumed
in the United States, please attribute purchases to the location where the payments were recognized in your accounting records.

	

NOTE: for intellectual property transactions, indicate the location of the entity that used, reproduced and/or distributed, or purchased outright the
intellectual property rights. If you are unable to determine which entity utilized the rights, indicate the location of the entity that recognized those
payments.

	

In column 2, provide an approximate percentage of the amount(s) reported in Question 6 that correspond with the location indicated in column
1. If possible, please provide up to three location/percentage combinations. The total amount reported does not need to add to 100%

U.S. Locations Consuming the Largest
Percentages of the U.S. Reporter’s
Purchases from Foreign Persons

U.S. state/district/territory
(1)

Percentage of
purchases reported
in Question 6
(2)

11020

%

11021

%

11022

%

➙ Continue to the next page
●
Page 10	

FORM BE-120 (REV. 08/2022)

U.S. Reporter’s Sales of Digital Intermediation Services
A digital intermediary platform is an online interface that facilitates, for a fee, the direct interaction between multiple buyers and multiple
sellers. The platform does not take ownership of the goods, nor does it provide the services that are being sold.
 12

	 Does your company operate a digital intermediary platform(s)?
11023

 13

1

1

1

2

■	Yes — Continue to the next question .
■ No — Skip to the next page.

	 Report the value of sales of digital intermediation services to foreign persons reported in Question

5 that were earned from
operating a digital intermediary platform. Reported sales should include fees and commissions only, and not the value of the goods or
services sold on the platform.

	IMPORTANT – Report amounts in thousands of U.S. dollars (omitting 000). Round amounts of less than $500.00 to 0. Do not enter amounts in
the shaded area.
11024

Bil.

Mil.

Thous.

$
 14

Dols.

1

000

	 Which of the service types listed in
11025

0

11026

0

11027

0

11028

0

Table 2 on page 5 include sales of digital intermediation services reported in Question  13 ?

➙ Continue to the next page
●
FORM BE-120 (REV. 08/2022)	

Page 11

For Reporters of Sales of Merchanting Services
Merchanting Services – Sales of merchanting services are equal to the difference between your cost and the resale price of goods (such as crude oil,
grain, and other commodities) that are both purchased and resold abroad; that is, the goods are neither imported to, nor exported from, the United States
and they do not undergo significant processing during the time between when they are purchased and resold.
 15

	 Will you be reporting sales of merchanting services (net receipts, transaction code 22) on
11029

1
1

 16

■	Yes — Continue to question  16  , and complete
2 ■ No — Skip to the next page.
1

Schedule A ?

Schedule A  .

	 Report the gross value of sales and purchases of the goods sold under the merchanting services below, and report additional detail for
net receipts on Schedule A  . Do not enter amounts in the shaded portions of each item.

REPORT IN THOUSANDS OF U.S. DOLLARS (e.g., report $1,555,555.00 as 1,556).
Merchanting Services
(net receipts)
11030

1

$
_______________

000

Gross Sales

=

2

$
_______________

Gross Purchases

000

–

3

$
_______________

000

➙ Continue to the next page
●
Page 12	

FORM BE-120 (REV. 08/2022)

Understanding Reporting Relationships
(For use on Schedules A through C)
Transactions accrued during the reporting period should be reported by the country of the foreign transactor, and by the foreign transactor’s relationship
to the U.S. Reporter . The relationship between the U.S. Reporter and the foreign transactor falls into one of three categories:
Foreign Affiliates – A foreign affiliate is defined as an entity domiciled in a foreign country that is owned at least 10% (based on voting interest),
directly or indirectly, by the U.S. Reporter.
Foreign Parent Group – Foreign Parents Group means all of the following:
(i)	 the foreign parent, which is the first entity outside the United States in a foreign chain of ownership, that owns at least 10% (based on voting
interest), directly or indirectly, of the consolidated domestic U.S. business enterprise.
(ii)	 any foreign entity proceeding up the foreign parent’s ownership chain, that owns more than 50 percent of the entity below it up to and including the
entity that is not owned more than 50 percent by another foreign entity,
(iii)	any foreign entity, proceeding down the ownership chain(s) of each of these members, that is owned more than 50 percent by the entity above it.
Unaffiliated Foreign Persons – An unaffiliated foreign person is an entity domiciled abroad that is not owned, or is owned less than 10%, directly
or indirectly, by the U.S. Reporter or the U.S. Reporter’s foreign parent.
The diagram below illustrates each of these relationships with regards to the U.S. Reporter. Additional reporting instructions are provided prior to
each Schedule on pages 14, 16, and 18.

COMPANY A (Germany)
Foreign Parent of the Consolidated Domestic
U.S. Reporter

COMPANY B (Germany)
49% owned by Company A
Unaffiliated Foreign Person
NOTE: “Company B” is not part of the
foreign parent group since it is not owned,
nor does it own another foreign entity, more
than 50 percent within the foreign ownership
chain. Also, “Company B” is not a foreign
affiliate of the Consolidated domestic U.S.
Reporter since it is not owned at least 10
percent by the Consolidated domestic U.S.
Reporter.

Member of Foreign Parent Group
Owns 100% of Company C and the
Consolidated U.S. Reporter

COMPANY C (France)
Wholly owned by Company A
Member of Foreign Parent Group

CONSOLIDATED DOMESTIC
U.S. REPORTER
(USA)
(The U.S. person filing this BE-120)
Owns >10% of Companies D, E, and F

COMPANY E (Mexico)

COMPANY D (USA)

COMPANY F (United Kingdom)

20% owned by Consolidated
domestic U.S. Reporter

Subsidiary, owned 100% by Consolidated
domestic U.S. Reporter

50% owned by Consolidated
domestic U.S. Reporter

Foreign Affiliate

Company D’s transactions with foreign
persons are consolidated into the U.S.
Reporter’s BE-120 filing

Foreign Affiliate

COMPANY G (Switzerland)

COMPANY H (Ghana)

5% owned by Consolidated
domestic U.S. Reporter

No ownership relationship with
any other company

Unaffiliated Foreign Person

Unaffiliated Foreign Person

➙ Continue to Schedules A through E as indicated, based on your responses to
●
FORM BE-120 (REV. 08/2022)	

Questions 5 and 6

on page 6.
	

Page 13

SCHEDULE A – U.S. Reporter’s Sales of Selected Services and Intellectual Property to Foreign Persons
REPORTING INSTRUCTIONS – Schedule A
Complete a separate Schedule A for each transaction type (except construction services, which are reportable on Schedule C ) with
sales greater than $500.00 during the reporting period. If you are reporting sales of more than one transaction type, or need to report additional
country detail, please use the overflow sheets provided (pages 35-41 of the survey) or download additional overflow sheets at
www.bea.gov/be120. (eFile users – select “Add overflow” from the survey selection page.)
Transactions accrued during the reporting period should be reported by transaction type and according to the U.S. Reporter’s affiliation with the purchaser.
ONLY report transactions between the U.S. Reporter’s domestic operations and foreign persons. DO NOT report transactions between the
U.S. Reporter’s foreign affiliates and foreign persons, between the U.S. Reporter’s domestic operations and other U.S. persons, or transactions between
other U.S. persons and the U.S. Reporter’s foreign affiliates.
Tables 1 and 2  , on pages 4 and 5, identify the types of transactions that are reportable on Schedule A and corresponding numerical transaction
codes (from Column 1 of the Tables ). Columns 3, 4, and 5 on Schedule A correspond to the U.S. Reporter’s affiliation with the foreign purchaser.
How to Report:
1. 	For each transaction type that is reportable, select the associated service code from the dropdown box at the top of Schedule A .
2. 	Enter the country(ies) with which you had sales of this transaction type in the first column of Schedule A (SALES TO – Specify country).
3. 	For each country, enter the total value of the sale(s) you had of this transaction type during the reporting period in the column that corresponds to
the purchaser’s relationship with the U.S. Reporter (see page 13 for more information on reporting relationships):
Report in
column

Relationship with consolidated domestic U.S. Reporter

3

Transactions between the U.S. Reporter and a foreign affiliate

4

Transactions between the U.S. Reporter and its foreign parent group

5

Transactions between the U.S. Reporter and unaffiliated foreign persons

Example:
Your company sold rights to use a trademark to persons in Australia. Sales of $325,000 were to a foreign affiliate of the U.S. Reporter, and sales of
$2,240,000 were to an unaffiliated foreign person.
First, select transaction code 3.1, “rights to use trademarks” from the dropdown box at the top of Schedule A .

Select “Australia” from the dropdown box in the first column of row 1. Enter “325” in the column marked Foreign affiliates and “2,240” in the column
marked Unaffiliated foreign persons .
IMPORTANT – Report amounts in thousands of U.S. dollars (omitting 000). Round amounts of less than $500.00 to 0. Do not enter amounts in the
shaded portions of each item.

If you are reporting sales of more than one transaction type, or need to report additional country detail, please use the overflow sheets
provided (pages 35-41 of the survey) or download additional overflow sheets at www.bea.gov/be120. (eFile users – select “Add overflow” from
the survey selection page.)
If you report sales of transaction codes 9, 10, 12.3, 14.1, 15, 16.1–16.3, 19.2, 20, 21.1–21.3, 24, 25, 29.1, 29.2, 32, 34, 36 or 37, you must also complete
Schedule D .
If you report sales of transaction code 22, merchanting services, you must also complete questions  15 and 16 on page 12.

Page 14	

FORM BE-120 (REV. 08/2022)

SCHEDULE A – U.S. Reporter’s Sales of Selected Services and Intellectual Property to Foreign Persons
Complete a separate Schedule A for each transaction type with sales greater than $500, as indicated in Tables 1 and 2 on pages 4 and
5. If you are reporting sales of more than one transaction type or need to report additional country detail, please use the overflow sheets
provided (pages 35-41 of the survey) or download additional overflow sheets at www.bea.gov/be120. (eFile users – select “Add overflow” from
the survey selection page.)

Mandatory Reporting for Sales of Each Type of Service or Intellectual Property
REPORT IN THOUSANDS OF U.S. DOLLARS (e.g., report $1,334,891.00 as 1,335).
Transaction Code

BEA USE
ONLY

SALES TO

______________
Foreign affiliates
(3)

(Specify country)
(1)
A1000

1.

002

2.

003

3.

004

4.

005

5.

006

6.

007

7.

008

8.

009

9.

010

10.

011

11.

012

12.

013

13.

014

14.

015

15.

016

16.

017

17.

018

18.

019

19.

020

20.

021

21.

022

22.

023

23.

024

24.

025

25.

026

26.

027

27.

028

28.

029

29.

030

30.

031

31.

032

32.

033

33.

034

34. Total all countries this page

001

Foreign parent group
(4)

Unaffiliated foreign persons
(5)

See page 13 for more information about reporting relationships

(2)

1

2

3

4

1

2

3 

4 

1

2

3

1

2

3

1

2

3

1

2

3

1

2

3

1

2

3

1

2

3

1

2

3

1

2

3

1

2

3

1

2

3

1

2

3

1

2

3

1

2

3

1

2

3

1

2

3

1

2

3

1

2

3

1

2

3

1

2

3

1

2

3

1

2

3

1

2

3

1

2

3

1

2

3

1

2

3

1

2

3

1

2

3

1

2

3

1

2

3

1

2

3

1

2

3

1

2

3

$

000
000
000
000
000
000
000
000
000
000
000
000
000
000
000
000
000
000
000
000
000
000
000
000
000
000
000
000
000
000
000
000
000
000

5

$

4
4
4
4
4
4
4
4
4
4
4
4
4
4
4
4
4
4
4
4
4
4
4
4
4
4
4
4
4
4
4
4
4

000
000
000
000
000
000
000
000
000
000
000
000
000
000
000
000
000
000
000
000
000
000
000
000
000
000
000
000
000
000
000
000
000
000

5 

$

000
000
000
000
000
000
000
000
000
000
000
000
000
000
000
000
000
000
000
000
000
000
000
000
000
000
000
000
000
000
000
000
000

5
5
5
5
5
5
5
5
5
5
5
5
5
5
5
5
5
5
5
5
5
5
5
5
5
5
5
5
5
5
5
5
5

000

35. If you reported sales of transaction code 42, other selected services n.i.e., specify the major type of service below:
035 0

FORM BE-120 (REV. 08/2022)	

	

Page 15

SCHEDULE B – U.S. Reporter’s Purchases of Selected Services and Intellectual Property from Foreign Persons
REPORTING INSTRUCTIONS – Schedule B
Complete a separate Schedule B for each transaction type with purchases greater than $500.00 during the reporting period. If you are
reporting purchases of more than one transaction type, or need to report additional country detail, please use the overflow sheets provided
(pages 35-41 of the survey) or download additional overflow sheets at www.bea.gov/be120. (eFile users – select “Add overflow” from the
survey selection page.)
Purchases accrued during the reporting period should be reported by transaction type and according to the U.S. Reporter’s affiliation with the seller.
ONLY report transactions between the U.S. Reporter’s domestic operations and foreign persons. DO NOT report transactions between the U.S. Reporter’s
foreign affiliates and foreign persons, between the U.S. Reporter’s domestic operations and other U.S. persons, or transactions between other U.S.
persons and the U.S. Reporter’s foreign affiliates.
Tables 1 and 2  , on pages 4 and 5, identify the types of transactions that are reportable on Schedule B and corresponding numerical transaction
codes (from Column 1 of the Tables ). Columns 3, 4, and 5 on Schedule B correspond to the U.S. Reporter’s affiliation with the foreign seller.
How to Report:
1. 	For each transaction type that is reportable, select the associated service code from the dropdown box at the top of Schedule B .
2. 	Enter the country(ies) with which you had purchases of this transaction type in the first column of Schedule B (PURCHASES FROM – Specify
country).
3. 	For each country, enter the total value of the purchase(s) you had of this transaction type during the reporting period in the column that corresponds
to the seller’s relationship with the U.S. Reporter (see page 13 for more information about reporting relationships):
Report in
column

Relationship with consolidated domestic U.S. Reporter

3

Transactions between the U.S. Reporter and a foreign affiliate

4

Transactions between the U.S. Reporter and its foreign parent group

5

Transactions between the U.S. Reporter and unaffiliated foreign persons

Example:
Your company purchased $4,500,000 in maintenance services from its foreign parent group in Canada.
First, select transaction code 19.1, maintenance services, from the dropdown box at the top of Schedule B .

Select “Canada” from the dropdown box in the first column of row 1. Enter “4,500” in the column marked Foreign parent group .
IMPORTANT – Report amounts in thousands of U.S. dollars (omitting 000). Round amounts of less than $500.00 to 0. Do not enter amounts in the
shaded portions of each item.

If you are reporting sales of more than one transaction type, or need to report additional country detail, please use the overflow sheets
provided (pages 35-41 of the survey) or download additional overflow sheets at www.bea.gov/be120. (eFile users – select “Add overflow” from
the survey selection page.)
If you report purchases of transaction codes 9, 10, 12.3, 14.1, 15, 16.1–16.3, 19.2, 20, 21.1–21.3, 24, 25, 29.1, 29.2, 32, 34, 36 or 37, you must also
complete Schedule E.

Page 16	

FORM BE-120 (REV. 08/2022)

SCHEDULE B – U.S. Reporter’s Purchases of Selected Services and Intellectual Property from Foreign Persons
Complete a separate Schedule B for each transaction type with purchases greater than $500, as indicated in Tables 1 and 2 on pages 4
and 5. If you are reporting purchases of more than one transaction type, or need to report additional country detail, please use the overflow
sheets provided (pages 35-41 of the survey) or download additional overflow sheets at www.bea.gov/be120. (eFile users – select “Add
overflow” from the survey selection page.)

Mandatory Reporting for Purchases of Each Type of Service or Intellectual Property
REPORT IN THOUSANDS OF U.S. DOLLARS (e.g., report $1,334,891.00 as 1,335).
BEA USE
ONLY

PURCHASES FROM

Transaction Code
______________

(Specify country)
(1)
B1000

1.

002

2.

003

3.

004

4.

005

5.

006

6.

007

7.

008

8.

009

9.

010

10.

011

11.

012

12.

013

13.

014

14.

015

15.

016

16.

017

17.

018

18.

019

19.

020

20.

021

21.

022

22.

023

23.

024

24.

025

25.

026

26.

027

27.

028

28.

029

29.

030

30.

031

31.

032

32.

033

33.

034

34. Total for all countries, this page

001

1

Foreign affiliates

Foreign parent group

Unaffiliated foreign persons

(3)

(4)

(5)

See page 13 for more information about reporting relationships

(2)
2

3

4

1

2

3 

4 

1

2

3

1

2

3

1

2

3

1

2

3

1

2

3

1

2

3

1

2

3

1

2

3

1

2

3

1

2

3

1

2

3

1

2

3

1

2

3

1

2

3

1

2

3

1

2

3

1

2

3

1

2

3

1

2

3

1

2

3

1

2

3

1

2

3

1

2

3

1

2

3

1

2

3

1

2

3

1

2

3

1

2

3

1

2

3

1

2

3

1

2

3

1

2

3

1

2

3

$

000
000
000
000
000
000
000
000
000
000
000
000
000
000
000
000
000
000
000
000
000
000
000
000
000
000
000
000
000
000
000
000
000
000

5

$

4
4
4
4
4
4
4
4
4
4
4
4
4
4
4
4
4
4
4
4
4
4
4
4
4
4
4
4
4
4
4
4
4

000
000
000
000
000
000
000
000
000
000
000
000
000
000
000
000
000
000
000
000
000
000
000
000
000
000
000
000
000
000
000
000
000
000

5 

$

000
000
000
000
000
000
000
000
000
000
000
000
000
000
000
000
000
000
000
000
000
000
000
000
000
000
000
000
000
000
000
000
000

5
5
5
5
5
5
5
5
5
5
5
5
5
5
5
5
5
5
5
5
5
5
5
5
5
5
5
5
5
5
5
5
5

000

35. If you reported purchases of transaction code 42, other selected services n.i.e., specify the major type of service below:
035 0

FORM BE-120 (REV. 08/2022)	

	

Page 17

SCHEDULE C – U.S. Reporter’s Sales of Construction Services To Foreign Persons
REPORTING INSTRUCTIONS – Schedule C
Complete Schedule C for sales of construction services (transaction code 13). Report according to the consolidated domestic U.S. Reporter’s
affiliation with the purchaser. ONLY report transactions between the U.S. Reporter’s domestic operations and foreign persons.
DO NOT report transactions between foreign affiliates and foreign persons, or between the U.S. Reporter’s domestic operations and other U.S.
persons. If you need to report additional country detail, please use the overflow sheet provided (page 42 of the survey) or download additional
overflow sheets at www.bea.gov/be120. (eFile users – select “Add overflow” from the survey selection page.)
How to Report:
1.	Enter the country of the purchaser in the first column on Schedule C (SALES TO – Specify country).
2.	Enter the value of the transaction(s) during the reporting period in the set of columns that correspond to the purchaser’s relationship with the U.S.
Reporter (see page 13 for more information about reporting relationships):
Report in
columns

Relationship with consolidated domestic U.S. Reporter

3–5

Transactions between the U.S. Reporter and a foreign affiliate

6–8

Transactions between the U.S. Reporter and its foreign parent group

9–11

Transactions between the U.S. Reporter and unaffiliated foreign persons

Example:
Your company sold $325,000 of construction services to foreign affiliates in Australia. Goods exports and foreign expenses related to those sales
totaled $45,000 and $155,000, respectively.
Select “Australia” from the dropdown box in the first column of row 1. Enter “325” in Column 3. Enter “45” in Column 4, and “155” in Column 5. (See
Specific Reporting Instructions below for more information).
IMPORTANT – Report amounts in thousands of U.S. dollars (omitting 000). Round amounts of less than $500.00 to 0.

Specific Reporting Instructions:
Gross operating revenues (Columns 3, 6, and 9) – Report revenues (sales) as recorded on your books for the value of services sold and/or completed
during the reporting period (not when actual payment is received).
Goods exports (Columns 4, 7, and 10) – Report the value of merchandise exports from the United States during the reporting period that were made
in connection with projects. Exports should include the value of equipment, supplies, materials, etc., and should equal the amounts reported in the
Electronic Export Information (EEI) filed with U.S. Customs and Border Protection plus the cost of transporting the goods to foreign destinations. Exclude
temporary exports of equipment or other goods that are intended to be returned to the United States within one year and in substantially the same
condition as when exported (consistent with the SED instructions regarding temporary exports).
Foreign expenses or disbursements (Columns 5, 8, and 11) – Report salaries and wages transmitted or disbursed abroad; expenses or outlays for
services (including purchases from foreign subcontractors), materials, and equipment purchases abroad; and other foreign expenses (e.g., local taxes
and fees for permits). (Do not report purchases of material and equipment for import into the United States.)
If you need to report additional country detail, please use the overflow sheet provided (page 42 of the survey) or download additional overflow
sheets at www.bea.gov/be120. (eFile users – select “Add overflow” from the survey selection page.)

Page 18	

FORM BE-120 (REV. 08/2022)

SCHEDULE C – U.S. Reporter’s Sales of Construction Services to Foreign Persons
Complete Schedule C for sales of construction services greater than $500. If you need to report additional country detail, please use the
overflow sheet provided (page 42 of the survey) or download additional overflow sheets at www.bea.gov/be120. (eFile users – select “Add
overflow” from the survey selection page.)

Mandatory Reporting for Sales of Construction Services
REPORT IN THOUSANDS OF U.S. DOLLARS (e.g., report $1,334,891.00 as 1,335).
Foreign affiliates

BEA USE
ONLY

SALES TO
(Specify country)

(1)
Country

C1000

1.

002

2.

003

3.

004

4.

005

5.

006

6.

007

7.

008

8.

009

9.

010

10.

011

11.

012

12.

013

13.

014

14.

015

15.

016

16.

017

17.

018

18.

019

19.

020

20.

021

21.

022

22.

023

23.

024

24.

025

25.

026

26.

027

27.

028

28.

029

29.

030

30.

031

31.

032

32.

033

33. Total for all countries, this page

001

FORM BE-120 (REV. 08/2022)	

(2)

Foreign parent group

Unaffiliated foreign persons

See page 13 for more information about reporting relationships
Gross
operating
revenues
(3)

Goods
exports

Foreign
expenses

(4)

(5)

(7)

(8)

(10)

4 

5 

6 

7 

8 

9 

10 

11 

1

2

3

4

5

6

7

8

9

10

11

1

2

3

4

5

6

7

8

9

10

11

1

2

3

4

5

6

7

8

9

10

11

1

2

3

4

5

6

7

8

9

10

11

1

2

3

4

5

6

7

8

9

10

11

1

2

3

4

5

6

7

8

9

10

11

1

2

3

4

5

6

7

8

9

10

11

1

2

3

4

5

6

7

8

9

10

11

1

2

3

4

5

6

7

8

9

10

11

1

2

3

4

5

6

7

8

9

10

11

1

2

3

4

5

6

7

8

9

10

11

1

2

3

4

5

6

7

8

9

10

11

1

2

3

4

5

6

7

8

9

10

11

1

2

3

4

5

6

7

8

9

10

11

1

2

3

4

5

6

7

8

9

10

11

1

2

3

4

5

6

7

8

9

10

11

1

2

3

4

5

6

7

8

9

10

11

1

2

3

4

5

6

7

8

9

10

11

1

2

3

4

5

6

7

8

9

10

11

1

2

3

4

5

6

7

8

9

10

11

1

2

3

4

5

6

7

8

9

10

11

1

2

3

4

5

6

7

8

9

10

11

1

2

3

4

5

6

7

8

9

10

11

1

2

3

4

5

6

7

8

9

10

11

1

2

3

4

5

6

7

8

9

10

11

1

2

3

4

5

6

7

8

9

10

11

1

2

3

4

5

6

7

8

9

10

11

1

2

3

4

5

6

7

8

9

10

11

1

2

3

4

5

6

7

8

9

10

11

1

2

3

4

5

6

7

8

9

10

11

1

2

3

4

5

6

7

8

9

10

11

1

2

3

4

5

6

7

8

9

10

11

13

$

13

$

13

$

13

$

10

(11)

3 

13

9

Foreign
expenses

2

$

8

Goods
exports

1

13

7

Gross
operating
revenues
(9)

3

$

6

Foreign
expenses

2

13

5

Goods
exports

1

$

4

Gross
operating
revenues
(6)

13

$

	

11

13

$

Page 19

SCHEDULE D – Percentage of Sales of Services to Foreign Persons Provided Remotely Via Information and Communications
Technology Networks
REPORTING INSTRUCTIONS
For service categories that you reported on Schedule A and are listed on Schedule D , please provide an estimate of the percentage of those
services that were provided remotely by the U.S. Reporter’s domestic offices to the purchaser located abroad using information and communications
technology (ICT) networks. See the list below for the types of provision methods to include and exclude. The percentage reported should reflect all
interactions with the customer, not just the delivery of the final product. The payment for or ordering of the services need not have been conducted
remotely via ICT networks for the services to have been provided remotely via ICT networks. Exclude the portion of the sales of each service type
charged for services performed on-site in the country of the purchaser, or services performed for a foreign customer temporarily located in the
United States. The information provided in this section may be estimated based on recall or a general understanding of the U.S. Reporter’s business
operations. A video tutorial on reporting services provided remotely can be found at www.bea.gov/be120.

What to Report
Include services provided via…

Exclude services provided via…

The internet, including via a website, a digital platform, an
application, or other method designed for the purpose of
providing the service

In-person meetings, either domestic or abroad

The internet via mobile or other connected device

Postal service or private delivery

An extranet (a controlled private electronic network)

Telephone

Fax

Video Conference

➙ Continue to the next page
●
Page 20	

FORM BE-120 (REV. 08/2022)

SCHEDULE D – Percentage of Sales of Services to Foreign Persons Provided Remotely Via Information and Communications
Technology Networks
See reporting instructions on page 20.

Transaction
code

If “Yes,” what
percentage
was provided
remotely by
your domestic
offices via ICT
networks?

Did you report
this service on
Schedule A ?

Transaction type

(Check yes or no)

9

Accounting, auditing, and bookkeeping services

10

Advertising services

3001 1

1
3002 1

1

12.3

Other computer services

3003 1

14.1

News agency services

3004 1

15

Education services

16.1

Architectural services

16.2

Engineering services

1
1
3005 1

1
3006 1

1
3007 1

1
3008 1

16.3

Surveying, cartography, certification, and technical inspection services

19.2

Installation, alteration, and training services

3009 1

Legal services

3010 1

20
21.2

Public opinion and polling services

21.3

Other management, consulting, and public relations services

24

Operational leasing

25

Trade-related services

29.1

Provision of customized and non-customized R&D services

29.2

Other research and development services

32

Health services

34

Audio-visual and production services

36

Disbursements for sales promotion and representation

37

Photographic services (including satellite photography services)

17

1
1
1

■ Yes
■ Yes

3

2  ■ No
3

2  ■ No

■ Yes

2  ■ No

■ Yes

2  ■ No
2  ■ No

■ Yes

2  ■ No
2  ■ No

■ Yes

2  ■ No

■ Yes

2  ■ No

■ Yes

2  ■ No

■ Yes

2  ■ No

3011 1

1
3012 1

■ Yes

2  ■ No

1 ■ Yes

2  ■ No

1
3014 1

3015 1

1
3017 1

1
3018 1

1
3019 1

1
3020 1

1

3

3
3

3
3
3

1 ■ Yes

3016 1

3

3

2  ■ No

3013 1

3

3

■ Yes

1

3
3

■ Yes
■ Yes

3

■ Yes

2
No
  ■ 
2  ■ No

■ Yes

2  ■ No

■ Yes

2  ■ No

■ Yes

2  ■ No

■ Yes

2  ■ No

3

3
3

3
3

__ __ __

%

__ __ __

%

__ __ __

%

__ __ __

%

__ __ __

%

__ __ __

%

__ __ __

%

__ __ __

%

__ __ __

%

__ __ __

%

__ __ __

%

__ __ __

%

__ __ __

%

__ __ __

%

__ __ __

%

__ __ __

%

__ __ __

%

__ __ __

%

__ __ __

%

__ __ __

%

	For the percentages indicated above, was the information primarily provided based on accounting records, or recall/general
knowledge of the U.S. Reporter’s operations?
3021

1
2

■	Accounting records
■ Recall/general knowledge of operations

➙ Continue to the next page
●
FORM BE-120 (REV. 08/2022)	

	

Page 21

SCHEDULE E – Percentage of Purchases of Services from Foreign Persons Provided Remotely Via Information and
Communications Technology Networks
REPORTING INSTRUCTIONS
For service categories that you reported on Schedule B and are listed on Schedule E , please provide an estimate of the percentage of those
services that were provided remotely by the seller’s foreign offices or your U.S. domestic operations using information and communications technology
(ICT) networks. See the list below for the types of provision methods to include and exclude. The percentage reported should reflect all interactions
with the seller, not just the delivery of the final product. The payment for or ordering of the services need not have been conducted remotely via ICT
networks for the services to have been provided remotely via ICT networks. Exclude the portion of the purchases of each service type charged for
services performed on-site in the country of the foreign seller, or services performed by a foreign seller temporarily located in the United States. The
information provided in this section may be estimated based on recall or a general understanding of the U.S. Reporter’s business operations. A video
tutorial on reporting services provided remotely can be found at www.bea.gov/be120.

What to Report
Include services provided via…

Exclude services provided via…

The internet, including via a website, a digital platform, an
application, or other method designed for the purpose of
providing the service

In-person meetings, either domestic or abroad

The internet via mobile or other connected device

Postal service or private delivery

An extranet (a controlled private electronic network)

Telephone

Fax

Video Conference

➙ Continue to the next page
●
Page 22	

FORM BE-120 (REV. 08/2022)

SCHEDULE E – Percentage of Purchases of Services from Foreign Persons Provided Remotely Via Information and
Communications Technology Networks
See reporting instructions on page 22.

Transaction
code

If “Yes,” what
percentage
was provided
remotely for
your domestic
offices via ITC
networks?

Did you report
this service on
Schedule B ?

Transaction type

(Check yes or no)

9

Accounting, auditing, and bookkeeping services

10

Advertising services

12.3

Other computer services

14.1

News agency services

15

Education services

4001

4002
4003
4004

4005

4006

16.1

Architectural services

16.2

Engineering services

16.3

Surveying, cartography, certification, and technical inspection services

4008

19.2

Installation, alteration, and training services

4009

Legal services

4010

20
21.2

Public opinion and polling services

21.3

Other management, consulting, and public relations services

24

Operational leasing

25

Trade-related services

29.1

Provision of customized and non-customized R&D services

29.2

Other research and development services

32

Health services

34

Audio-visual and production services

36

Disbursements for sales promotion and representation

37

Photographic services (including satellite photography services)

18

4007

4011
4012
4013

4014
4015
4016
4017

4018
4019
4020

1

3

1

■ Yes

2
  ■ No

1

■ Yes

2
  ■ No

1

■ Yes

2
  ■ No

■ Yes

2
  ■ No

1

■ Yes

2
  ■ No

1

■ Yes

2
  ■ No

1

■ Yes

2
  ■ No

1

■ Yes

2
  ■ No

1

■ Yes

2  ■ No

1

■ Yes

2  ■ No

1

■ Yes

2  ■ No

1

■ Yes

2  ■ No

1

■ Yes

2
  ■ No

1

■ Yes

2
  ■ No

1

■ Yes

2
  ■ No

■ Yes

3
3

1

1

3

2
  ■ No

1

■ Yes

2  ■ No

1

■ Yes

2  ■ No

1

■ Yes

2  ■ No

1

■ Yes

2  ■ No

3

3
3
3
3

3
3
3
3

3
3
3
3

3
3
3

__ __ __

%

__ __ __

%

__ __ __

%

__ __ __

%

__ __ __

%

__ __ __

%

__ __ __

%

__ __ __

%

__ __ __

%

__ __ __

%

__ __ __

%

__ __ __

%

__ __ __

%

__ __ __

%

__ __ __

%

__ __ __

%

__ __ __

%

__ __ __

%

__ __ __

%

__ __ __

%

	For the percentages indicated above, was the information primarily provided based on accounting records, or recall/general
knowledge of the U.S. Reporter’s operations?
4021

1 ■	Accounting records
2 ■ Recall/general knowledge of operations

FORM BE-120 (REV. 08/2022)	

	

Page 23

GENERAL INSTRUCTIONS
Purpose – Reports on this form are required to obtain reliable
and up-to-date information on intellectual property and services
transactions between U.S. and foreign persons. The data will be
used in compiling the U.S. international transactions accounts and
national income and product accounts. The information will also be
used to formulate U.S. policy on such international transactions,
and to analyze the impact of that policy and the policies of foreign
countries.
Authority – This survey is being conducted under the authority
of the International Investment and Trade in Services Survey Act
(P.L. 94-472, 90 Stat. 2059, 22 U.S.C. 3101-3108, as amended –
hereinafter “the Act”). Regulations for the survey may be found in
15 CFR Part 801. The survey has been approved by the Office of
Management and Budget (OMB) under the Paperwork Reduction
Act (44 U.S.C. 3501, et seq).
Penalties – Persons who fail to report may be subject to a civil
penalty and to injunctive relief commanding such person to comply,
or both. These civil penalties are subject to inflationary adjustments.
Those adjustments are found in 15 CFR 6.4. Whoever willfully fails
to report shall be fined, and, if an individual, may be imprisoned for
not more than one year, or both. Any officer, director, employee, or
agent of any entity who knowingly participates in such violations,
upon conviction, may be punished by a like fine, imprisonment,
or both (See 22 U.S.C. 3105). Notwithstanding the above, a U.S.
person is not subject to any penalty for failure to report if a valid
Office of Management and Budget (OMB) control number is not
displayed on the form. The control number for Form BE-120 (06080058) is displayed at the top of the first page of this form.
Reporting burden– Public reporting burden for this BE-120
report is estimated to average 24 hours for respondents that
report data by transaction type, country, and affiliation; 4 hours
for respondents that report data by transaction type only; and, 1
hour for filing an exemption claim. This burden includes time for
reviewing instructions, searching existing data sources, gathering
and maintaining the data needed, and completing and reviewing
the collection of information. Send comments regarding this burden
estimate to Director, Bureau of Economic Analysis (BE-1) U.S.
Department of Commerce, 4600 Silver Hill Rd., Washington, DC
20233; and to the Office of Management and Budget, Paperwork
Reduction Project 0608-0058, Washington, DC 20503.
Confidentiality – The Act provides that your report to this Bureau
is confidential and may be used only for analytical and statistical
purposes. Without your prior written permission, the information filed
in your report cannot be presented in a manner that allows it to be
individually identified. Your report cannot be used for purposes of
taxation, investigation, or regulation. Copies retained in your files are
immune from legal process. Per the Cybersecurity Enhancement
Act of 2015, your data are protected from Cybersecurity risks
through security monitoring of BEA information systems.
I. WHO IS TO REPORT AND GENERAL COVERAGE
A.	Who must report – A BE-120 report is required of each
U.S. person that had sales to foreign persons or purchases
from foreign persons in the services and intellectual property
categories covered by the survey during its 2022 fiscal year.
A response is required from persons subject to the reporting
requirements of the survey, whether or not they are contacted
by BEA.
1. 	Mandatory and voluntary reporting
a. 	Mandatory reporting
(1)	 A U.S. person that had combined sales to foreign persons
that exceeded $2 million, and/or combined purchases
from foreign persons that exceeded $1 million in the
services and intellectual property categories covered by
the survey during its fiscal year, on an accrual basis, is
required to provide data on total sales and/or purchases
of each of the covered types of transactions and must
disaggregate the totals by country and by relationship
to the foreign transactor (foreign affiliate, foreign parent
group, or unaffiliated). The $2 million threshold for sales
and the $1 million threshold for purchases should be
applied to the covered transactions categories with
foreign persons by all parts of the consolidated domestic
U.S. Reporter. Because the $2 million and $1 million
Page 24	

thresholds apply separately to sales and purchases, the
mandatory reporting requirement may apply to sales
only, to purchases only, or to both. The determination
of whether a U.S. services provider is subject to this
reporting requirement can be based on the judgment
of knowledgeable persons in a company who can
identify reportable transactions on a recall basis, with
a reasonable degree of certainty, without conducting a
detailed manual records search. 	
(2)	A U.S. person that had combined sales to foreign persons
that were $2 million or less, and combined purchases
from foreign persons that were $1 million or less in the
transaction categories covered by the survey during its
fiscal year, on an accrual basis, is required to provide the
total sales and/or purchases for each type of transaction
in which they engaged. The $2 million threshold for
sales and the $1 million threshold for purchases should
be applied to the covered transactions categories with
foreign persons by all parts of the consolidated domestic
U.S. Reporter. Because the $2 million and $1 million
thresholds apply separately to sales and purchases, the
mandatory reporting requirement may apply to sales only,
to purchases only, or to both.
The determination of whether a U.S. person is subject to
mandatory reporting may be based on the judgment of
knowledgeable persons in a company who can identify
reportable transactions, on a recall basis, with a reasonable
degree of certainty, without conducting a detailed records
search.
Provide responses to all questions as they pertain to the
consolidated domestic U.S. Reporter’s 2022 fiscal year. In
Tables 1 and 2 on pages 4 and 5, indicate whether the U.S.
Reporter had any transactions with foreign persons during
the 2022 fiscal year. Indicate sales in column 3, and indicate
purchases in column 4.
If, the U.S. Reporter’s combined total sales to, or purchases from
foreign persons exceeded $2 million in sales AND/OR $1 million
in purchases in the 2022 fiscal year, then the U.S. Reporter
MUST answer Questions 7-16 on pages 7-12 and provide
additional country/affiliation detail on its reportable transactions
on Schedules A through E as indicated in questions 5 and 6 on
page 6.
Enter the total transaction amounts, applicable to a
particular schedule, in the appropriate column(s) on line
34 of the Schedule A and B, and line 33 of the Schedule C.
Distribute amounts to the foreign country(ies) involved in the
transaction(s) on lines above the total line on each applicable
schedule. Use additional copies of the schedules, or the
available overflow sheets, to report additional countries and
transaction types as necessary.
b. 	Voluntary reporting
If, in the 2022 fiscal year, combined sales were $2 million or less,
on an accrual basis, then the U.S. Reporter may report sales at a
country and affiliation level of detail on the applicable mandatory
schedule(s). If, in the 2022 fiscal year, combined purchases were
$1 million or less, on an accrual basis, then the U.S. Reporter
may report purchases at a country and affiliation level of detail on
the applicable mandatory schedule(s). Provision of this additional
detail is voluntary. The estimates may be judgmental, that is,
based on recall, without conducting a detailed records search.
c. 	Exemption – Any U.S. person that receives the BE-120 survey
form from BEA, but is not subject to the reporting requirements,
must file an exemption claim by completing pages 1–6 of the
survey and returning it to BEA by July 31, 2023.
2.	 Consolidation – A U.S. enterprise should file a single BE-120
survey covering combined (total) intellectual property and services
transactions of all its domestic subsidiaries and parts.

FORM BE-120 (REV. 08/2022)

GENERAL INSTRUCTIONS – Continued
Consolidating unincorporated enterprises
Consolidate into your BE-120 report the transactions of
unincorporated enterprises in which your company has voting
control. Please see the following items on determining the voting
interest in typical unincorporated enterprises.
a.	Partnerships
Most partnerships are either general partnerships or limited
partnerships. Consolidation of partnerships and inclusion of
their intellectual property and services transactions (sales and
purchases) on the BE-120 survey is based on voting control.
General partners are presumed to control general and limited
partnerships. If there is one general partner, it should consolidate
the partnership in its BE-120 report. If there is more than one
general partner and they each equally control the partnership,
the partnership should file a separate BE-120 report and should
not be consolidated by any of the general partners. Unless a
clause to the contrary is contained in the partnership agreement,
a partnership is presumed to be controlled equally by each of the
general partners.
Managing partners – If one general partner is designated as
the managing partner, responsible for the day-to-day operations
of the partnership, this does not necessarily transfer control
of the partnership to the managing partner. If the managing
partner must obtain approval for annual operating budgets and
for decisions relating to significant management issues from the
other general partners, then the managing partner does not have
a 100 percent voting interest in the partnership.
Limited partners - Unless a clause to the contrary is contained
in the partnership agreement, limited partners are presumed to
have zero voting interest in a limited partnership and would not
consolidate the partnership in their BE-120 report.
b.	Limited liability companies (LLCs)
LLCs are presumed to be controlled equally by each of
its members (owners), unless a clause to the contrary is
contained in the articles of organization or in the operating
agreement. If there is one member, it should consolidate the
LLC on its BE-120 report. If there is more than one member
and they each equally control the LLC, the LLC should file a
separate BE-120 report and should not be consolidated by any
of the members.
Managing member – If one member is designated as the
managing member responsible for the day-to-day operations
of the LLC, this does not necessarily transfer control of the
LLC to the managing member. If the managing member must
obtain approval for annual operating budgets and for decisions
relating to other significant management issues from the other
members, then the managing member does not have a 100
percent voting interest in the LLC.
B. BE-120 definition of transactions – Transactions covered by
this survey consist of (i) sales and purchases related to certain
intellectual property rights (see Table 1 on page 4 for a list of
intellectual property-related transactions covered by this survey
and Part IV. of the General Instructions on pages 27-29 for
definitions) and (ii) sales and purchases of selected services
(see Table 2 on page 5 for a list of services covered by this
survey and Part IV. of the General Instructions on pages 29-34 for
definitions).
Types of transactions excluded from the scope of this survey:
1. 	Sales and purchases of goods. Trade in goods involves products
that have a physical form, and includes payments or receipts for
electricity. Limited exceptions for the sale and purchase of goods
apply to sales of merchanting and construction services. See
pages 12 and 18 for more information.
2. 	Sales and purchases of financial instruments, including stocks,
bonds, financial derivatives, loans, mutual fund shares, and
negotiable CDs. (However, securities brokerage is a service,
and purchases of such are reportable under transaction code
17.)
3. 	Income on financial instruments (interest, dividends, capital
gain distributions, etc.).

FORM BE-120 (REV. 08/2022)	

4. 	Compensation paid to, or received by, employees.
5. 	Penalties and fines and gifts or grants in the form of goods and
cash (sometimes called “transfers”).
6. 	Transport and travel-related services (including hotel
accommodation, restaurant meals, and other expenditures
while on travel).
C.	Clarification of coverage and special situations
1. 	Reporting period – Form BE-120 covers the U.S. Reporter’s
2022 fiscal year that ended in calendar year 2022.
2. 	Date of recording transactions – Transactions are to
be reported on an accrual basis, with the exception of
telecommunications services, which should be reported on a
settlement basis.
3. 	Withholding taxes – Data should be reported gross (before
deduction) of U.S. and foreign withholding taxes.
4. 	Services covered regardless of where performed – Sales
to or purchases from foreign persons for services should be
reported regardless of whether the services were performed in
the United States or abroad. Transactions should be reported
based on the resident country of the primary beneficiary
(purchaser) and primary provider (seller) of the service(s)
performed.
5. 	Services or intellectual property bundled with goods or with
other services and not separately valued – When a sale or
purchase is for both goods and services or intellectual property,
or of several services or intellectual property, that cannot be
unbundled (i.e., the goods and/or services/intellectual property
are not separately valued), it should be classified based on
whichever accounts for a majority of the value or on the basis of
the reporter’s customary practice.
6. 	Accounting for purchases – Purchases of services or
intellectual property should be included without regard to
whether they are charged as an expense on the income
statement, capitalized, or charged to inventories.
7. 	Projects with U.S. Government nonmilitary agencies –
Report information on services that are provided abroad for U.S.
Government nonmilitary agencies, such as the United States
Department of State, or that are part of an aid or technical
cooperation program of the Government with foreign persons.
However, do not report services provided to the U.S. Department
of Defense or any of its agencies, such as the Army Corps of
Engineers. Report funds received from the U.S. Government
on Schedule A as sales to the country where the services are
provided, and report any foreign expenses related to those
services as purchases on Schedule B.
8. 	International organizations – Report transactions with
international organizations, which are considered foreign
persons even if they are headquartered in the United States.
Enter “International Organization” as the name of the country of
the foreign party to the transaction.
9. 	Reciprocal exchanges – Include the value of reciprocal
exchanges, i.e., transactions involving barter. On Schedule
A, value your sales to the foreign transactor in the reciprocal
exchange at market rates, not at the actual cost of performing
the services. On Schedule B, value your purchases from the
foreign participant at the same amount as the sale reported on
Schedule A.
II. DEFINITIONS
A. United States, when used in a geographic sense, means the 50
states, the District of Columbia, the Commonwealth of Puerto
Rico, and all territories and possessions of the United States.
NOTE: The U.S. Virgin Islands and Guam are territories of the
United States.
B. Foreign, when used in a geographic sense, means that which
is situated outside the United States or which belongs to or is
characteristic of a country other than the United States.
C. U.S. Reporter is the U.S. person filing a report in this survey.

	

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GENERAL INSTRUCTIONS – Continued
D.	Consolidated domestic U.S. Reporter means the fully
consolidated U.S. domestic enterprise consisting of (i) the U.S.
corporation whose voting securities are not owned more than 50
percent by another U.S. corporation, and, proceeding down each
ownership chain from that U.S. corporation, and, (ii) any U.S.
corporation whose voting securities are more than 50 percent
owned by the U.S. corporation above it. The fully consolidated U.S.
domestic enterprise excludes foreign branches and other foreign
affiliates. Conditions may exist that would lead a U.S. corporation
to exclude certain majority-owned (more than 50 percent owned)
domestic subsidiaries from financial statements used in reports
to shareholders. If such a subsidiary has covered transactions, it
must file a report under its own name, and the subsidiary will be
considered the U.S. Reporter for purposes of this survey.
E. 	Person means any individual, branch, partnership, associated
group, association, estate, trust, corporation, or other organization
(whether or not organized under the laws of any State), and any
government (including a foreign government, the United States
Government, a State or local government, and any agency,
corporation, financial institution, or other entity or instrumentality
thereof, including a government sponsored agency).
1. 	U.S. person means any person resident in the United States
or subject to the jurisdiction of the United States.
2. 	Foreign person means any person resident outside the United
States or subject to the jurisdiction of a country other than the
United States.
F. 	Business enterprise means any organization, association,
branch, or venture which exists for profit making purposes or to
otherwise secure economic advantage, and any ownership of
any real estate. (A business enterprise is a “person” within the
definition in paragraph E above.)
G. Financial services provider – Except for Monetary Authorities
(e.g., Central Banks) the definition of financial services providers
used for this survey is identical in coverage to Sector 52 –
Finance and Insurance, and holding companies from Sector
55 of the North American Industry Classification System
United States, 2022. Go to www.bea.gov/naics2022  for more
information on NAICS classifications.
H. Direct investment means the ownership or control, directly
or indirectly, by one person of 10 percent or more of the
voting securities of an incorporated business enterprise or an
equivalent interest in an unincorporated business enterprise.
I. 	 Parent means a person of one country who, directly or indirectly,
owns or controls 10 percent or more of the voting stock of an
incorporated business enterprise, or an equivalent ownership
interest in an unincorporated business enterprise which is
located outside that country.
1. 	U.S. parent means the U.S. person that has direct investment
in a foreign business enterprise.
2. 	Foreign parent means the foreign person, or the first person
outside the United States in a foreign chain of ownership,
which has direct investment in a U.S. business enterprise,
including a branch.
J. 	Foreign Parent Group means:
(i)	 the foreign parent, which is the first entity outside the United
States in a foreign chain of ownership, which owns at least 10
percent (based on voting interest), directly or indirectly, of the
consolidated domestic U.S. business enterprise.
(ii)	any foreign entity, proceeding up the foreign parent’s
ownership chain, which owns more than 50 percent of the
entity below it up to and including that entity which is not
owned more than 50 percent by another foreign entity, and
(iii) any foreign entity, proceeding down the ownership chain(s) of
each of these members, which is owned more than 50 percent
by the entity above it.
K. 	Affiliate means a business enterprise located in one country
that is directly or indirectly owned or controlled by a person of
another country to the extent of 10 percent or more of its voting
stock for an incorporated business or an equivalent interest for an
unincorporated business, including a branch.
1. Foreign affiliate means an affiliate located outside the United
States in which a U.S. person has direct investment.
Page 26	

2. U.S. affiliate means an affiliate located in the United States
in which a foreign person has direct investment.
L. 	Foreign affiliate of a foreign parent means, with reference to
a given U.S. affiliate, any member of the foreign parent group
owning the U.S. affiliate that is not a foreign parent of the U.S.
affiliate.
M. Unaffiliated foreign person means, with respect to a given
U.S. person, any foreign person that is not an affiliated foreign
person as defined in paragraphs and K.
N. Country means, for purposes of this survey, the country of
location of the foreign person with whom a transaction has
occurred.
III. OTHER INSTRUCTIONS
A. Distinguishing between unaffiliated and affiliated
transactions
This survey covers U.S. persons’ direct transactions, both sales
and payments (purchases), with affiliated and unaffiliated foreign
persons.
Examples of affiliated transactions are:
1. 	A transaction between a U.S. person (U.S. parent) and its foreign
affiliate.
2. 	A transaction between a U.S. person (U.S. affiliate) and
its foreign parent(s) or member(s) of the foreign parent
group(s).
Examples of unaffiliated transactions are:
1. 	A transaction between a U.S. person and an unaffiliated foreign
person.
2. A transaction between one U.S. person and another U.S.
person’s foreign affiliate. Such a transaction is reportable by the
first U.S. person.
Examples of transactions that are not reportable are:
1. 	A transaction between a U.S. affiliate of a foreign parent and
another U.S. person.
2. 	A transaction between a U.S. parent’s foreign affiliate and
another foreign person.
B. Understanding the U.S. Reporter’s relationship with foreign
persons
The relationship between the U.S. Reporter and the foreign
persons fall into one of three categories:
Foreign affiliates – A foreign affiliate is defined as an entity
domiciled in a foreign country that is owned at least 10 percent,
directly or indirectly, by the U.S. Reporter.
Foreign Parent Group means all of the following:
(i)	 the foreign parent, which is the first entity outside the United
States in a foreign chain of ownership, that owns at least 10
percent (based on voting interest), directly or indirectly, of the
consolidated domestic U.S. business enterprise.
(ii)	any foreign entity proceeding up the foreign parent’s
ownership chain, that owns more than 50 percent of the
entity below it up to and including the entity that is not owned
more than 50 percent by another foreign entity,
(iii)	any foreign entity that, proceeding down the ownership
chain(s) of each of these members, is owned more than 50
percent by the entity above it.
Unaffiliated foreign persons – An unaffiliated foreign person is
an entity domiciled abroad that is not owned, or owned less than
ten percent, directly or indirectly, by the U.S. Reporter or the U.S.
Reporter’s foreign parent.
See page 13 for more information about unaffiliated and
affiliated transactions a diagram illustrating these relationships.
C. Foreign activities of a U.S. person that do not constitute a
foreign affiliate
Although the definitions of direct investment and foreign
affiliate in Part II. above, together with the discussion in Part
III.A above, should be sufficient to determine whether a given
foreign activity is or is not a foreign affiliate, in a number of
FORM BE-120 (REV. 08/2022)

GENERAL INSTRUCTIONS – Continued
cases the determination may be difficult. Several factors to be
considered are given below. If you still cannot determine if the
activity or operation is an affiliate, call (301) 278-9303 or send
an e-mail to [email protected] for additional guidance.
If a U.S. person’s foreign activity or operation is incorporated
abroad, it is a foreign affiliate.
If a U.S. person’s foreign activity or operation is not
incorporated abroad, its status is based on the weight of the
evidence when the factors listed below are considered.
An unincorporated foreign activity or operation generally would
be considered a foreign affiliate if it: (i) is subject to foreign
income taxes; (ii) has a substantial physical presence abroad
(e.g., plant and equipment or employees); (iii) maintains
separate financial records that would permit the preparation
of financial statements, including an income statement and
balance sheet (not just a record of disbursements and receipts);
(iv) takes title to the goods it sells and receives revenues
therefrom; or (v) receives funds for its own account from
customers for services it performs. Transactions with this type of
entity should be reported under “Foreign affiliates.”
An unincorporated foreign activity or operation generally
would not be considered a foreign affiliate if it: (i) conducts
business abroad only for the U.S. person’s account and not
for its own account (e.g., sales promotion or public relations
type of activities); (ii) has no separate financial statements; (iii)
receives funds to cover its expenses only from the U.S. person;
(iv) is not subject to foreign income taxes; and (v) has limited
physical assets, or employees, permanently located abroad.
Transactions with this type of entity should be reported under
“Unaffiliated foreign persons.”
D. 	U.S. activities of a foreign person that do not constitute a U.S.
affiliate Criteria for determining which U.S. activities do or do not
constitute a U.S. affiliate of a foreign person are parallel to those in
Part III.C. above.
E. 	Determining who must report a transaction when an
intermediary is involved At times, transactions between a U.S.
person and a foreign person may be arranged by, billed through,
or otherwise facilitated by, an intermediary. The intermediary may
be U.S. or foreign, and may be affiliated or unaffiliated with the
U.S. or the foreign person.
A determination of whom a sale is to, or whom a purchase is
from, should be made on the basis of whom the U.S. person
considers itself to have a claim on for payment, in the case of
a sale, or whom it has a liability to, in the case of a purchase.
For a sale, if the U.S. person looks to the foreign person for
payment, then the transaction is between the U.S. person and
the foreign person, and is to be reported by the U.S. person. If
the U.S. person looks to the intermediary for payment, and the
intermediary, in turn, looks to the foreign person for payment,
then whether either transaction is reportable, and who it is to be
reported by, depends on the location of the intermediary and the
relationship between the U.S. person and the intermediary.
If the intermediary is a foreign person, then the U.S. person
would report the transaction as a transaction with a foreign
person.
If the intermediary is a U.S. person, then the initial transaction
between the original U.S. person and the intermediary is
domestic-to-domestic and not reportable in this survey. However,
the intermediary must report the transaction with the foreign
person.
The reportability of a purchase would be determined in a similar
manner.
IV. Transaction Types Covered
This survey covers sales (Schedules A, C, and D) and purchases
(Schedules B and E) of the following types of intellectual property
and selected services.

FORM BE-120 (REV. 08/2022)

A. Transactions in Intellectual Property
Rights related to patents, processes, and trade secrets
1.1 	Rights related to the use of a patent, process, or
trade secret to produce and/or distribute a product or
service – Includes license fees, royalties, and other fees
received or paid for the use of proprietary rights, including
patents, industrial processes, and trade secrets. Includes
“maintenance” fees paid to foreign governments for the
continuation of patent rights. If the charge for the process,
design, etc., is subsumed in a contract for technical or
professional services, the sale or purchase generally
should be reported under the proper transaction number for
that service.
Examples of transactions included in this category are
royalties and license fees related to the production and/
or distribution of goods such as pharmaceutical products,
automobiles, medical equipment, etc.
Excludes license fees related to the use or distribution of
computer software (reportable under transaction codes 6.2
or 12.1) and the use or distribution of audiovisual content
(reportable under transaction codes 2.1-2.2, 4.1-4.2, or
5.2).
1.3 	Outright sales or purchases of proprietary rights
related to patents, processes, and trade secrets
– Includes the outright sale or purchase of patents,
processes, and trade secrets.
Excludes the outright sale or purchase of rights related
to the development of computer software (reportable
under transaction code 6.3) and the sale or purchase of
proprietary rights to audiovisual content (reportable under
transaction codes 2.3 or 4.3).
Rights related to books, music, etc.
2.1 	Rights to use books, music, etc., including end-user
rights related to digital content – Includes royalties and
other fees (commonly referred to as end-user licensing
fees) received or paid for the rights to view books
downloaded from the internet or otherwise electronically
delivered, and fees for the rights to perform, broadcast,
or listen to digital music, other audio content, etc., or
otherwise use copyrighted or protected material.
Excludes subscription fees to newspapers, magazines, etc.,
(reportable under transaction code 14.2). Excludes fees for
the rights to display or view recorded audiovisual content
such as radio and television programs, motion pictures, etc.
(reportable under transaction code 4.1).
2.2 	Rights to reproduce and/or distribute books, music,
etc., – Includes royalties and other fees received or paid for
the rights to reproduce and distribute books and other print
or digital media content; CDs, digital music, and other audio
content; and other copyrighted or protected material.
Excludes fees for the rights to reproduce or distribute
recorded radio and television programs or motion pictures
(reportable under transaction code 4.2).
2.3 	Outright sales or purchases of proprietary rights
related to books, music, etc., – Includes the outright
sale or purchase of proprietary rights to audio or print
material such as manuscripts, literary and artistic works,
photographs, musical libraries, recordings, etc., including
copyrights and fees for the use of such material in
perpetuity.
Excludes the sale or purchase of copyrights for radio
and television programs, motion pictures, etc. (reportable
under transaction code 4.3). Excludes transactions related
to exclusivity rights (for example, the exclusivity of a
publisher to publish literary works of an author). These are
considered assets that are a contract for future production,
and are not reportable.
Rights related to trademarks
3.1 	Rights to use trademarks – Includes sales and
purchases related to rights to sell products under a
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GENERAL INSTRUCTIONS – Continued
particular trademark, brand name, or signature. Includes the
initial fee and annual fees for the domain name registration
for the Internet. Includes fees for sponsorship of other events
if the fee is for the right to use the logo or trademark of the
payee. A sponsor of an international sporting event, such as
the Olympics, should include payments of sponsorship fees
if the right to use a trademark, such as the Olympic logo, in
advertising, or to place such a trademark on merchandise is
conveyed.
Excludes fees received or paid under a business format
franchise, which are reportable under transaction code 7.1.
3.3 	Outright sales or purchases of proprietary rights related
to trademarks – sales and purchases related to the outright
sale or purchase of a trademark, or for its use in perpetuity.
Includes sales and purchases of the outright sale or purchase
of domain names.
Excludes fees paid for the display of the payer’s logo
or trademark (reportable as advertising services under
transaction code 10). Excludes fees received or paid under 	
a business format franchise (reportable under transaction
code 7.1).
Rights related to recorded performances and events such as
radio and television programs and motion pictures
4.1 	Rights to use recorded performances and events,
including end-user rights related to digital content –
Includes royalties, license fees (including end-user licensing
fees), and other funds received or paid for the rights to
recorded material such as radio and television programs
and motion pictures (including digital recordings and video
streaming). Includes rights to view and display recordings of
live performances and events. Includes subscription fees for
cable or satellite television programming.
4.2 	Rights to reproduce and/or distribute recorded
performances and events – Includes royalties, license fees,
and other funds received or paid for the rights to reproduce
and/or distribute recorded material such as radio and
television programs and motion pictures (including digital
recordings and video streaming). Includes licensing fees for
material distributed both theatrically and non-theatrically, or
via cable and broadcast television.
Excludes fees for the rights to broadcast live performances
and events (reportable under transaction code 5.2).
4.3 	Outright sales or purchases of rights related to recorded
performances and events – Includes the outright sale or
purchase of proprietary rights related to recorded material
such as radio and television programs or motion pictures,
including outright sales or purchases of copyrights and
video libraries, and the associated use of such material in
perpetuity.
Rights to broadcast and record live performances and
events
5.2 	Rights to broadcast and record live performances and
events – Includes sales and purchases related to rights to
broadcast, display, and record live artistic performances,
sports events, and other live performances or events.
Includes sales and purchases related to the authorized
reproduction, rebroadcast, or retransmission of live
performances and events, in part or in entirety.
Sales or purchases of rights to broadcast a major live
performance or event, such as the Olympics, often extend
over several years prior to the event. The cumulative amount
of payments over all the years is to be reported on this form
as an acquisition or sale of broadcast rights only in the single
period in which the event is held. The prior year payments
are considered to be deposits with the organization (such as
the International Olympic Committee) selling the broadcast
rights, and should be reported on the Department of
Treasury’s TIC C-form. Inquiries about the TIC C-form survey
should be directed to the Federal Reserve Bank of New York
(as contractor for the Department of Treasury) at (212) 7206357.

Page 28	

Rights related to general use computer software
6.2 	Rights to reproduce and/or distribute general use
computer software – Includes sales and purchases related
to the right to distribute general use software, and rights to
reproduce general use computer software that was made
from a master copy. This item includes licensing fees for
reproducing copies of general use software for local area
network (LAN) computer systems.
Excludes fees for custom software and programming
services (reportable under transaction code 12.1). Excludes
fees received or paid for the development of general use
software (reportable under transaction code 29.1). Excludes
general use computer software that was downloaded
from the internet or otherwise electronically delivered
(reportable under transaction code 12.1). Excludes the
value of prepackaged general use software not intended for
use on a server in a LAN environment that was physically
shipped to or from the United States and non-customized
(prepackaged) computer software on physical media for
perpetual use shipped to or from the United States and
reported on import or export declarations filed with the U.S.
Customs and Border Protection (U.S. CBP).
6.3 	Outright sales or purchases of proprietary rights related
to general use computer software – Includes the outright
sale or purchase of all proprietary rights related to general
use computer software.
Excludes fees received or paid for the development of
general use software (reportable under transaction code
29.1). Excludes general use computer software that was
downloaded from the internet or otherwise electronically
delivered (reportable under transaction code 12.1). Excludes
the value of prepackaged general use software not intended
for use on a server in a LAN environment that was physically
shipped to or from the United States and non-customized
(prepackaged) computer software on physical media for
perpetual use shipped to or from the United States and
reported on import or export declarations filed with the U.S.
CBP.
Franchise fees
7.1 	Fees associated with business format franchising
– Fees received and paid by the U.S. Reporter under
business format franchising agreements with foreign
persons. Business format franchising is characterized by
an ongoing business relationship between franchisor and
franchisee that includes not only the product, service, and
trademark, but the entire business format itself. This may
include a marketing strategy and plan, operating manuals
and standards, quality control, and continuing two-way
communications.
Excludes sales and purchases related to the use of
trademarks (reportable under transaction code 3.1), except
where such trademarks are part of a business format
franchise, even if the fees are nominally considered to be
“franchising” fees.
Sales and purchases should be reported net of advertising
allowances and other deductions retained by franchisees
from gross franchise fees. Includes sales and purchases of
one-time “up front” charges to new franchisees as well as
ongoing fees based upon sales or other measures.
On Schedule A, U.S. franchisors should report sales to both
foreign outlets and foreign master licensees. In the case of
fees received from a foreign master licensee, report only
the net fees received from foreign outlets. Include sales to
“company-owned” outlets abroad. Include sales to jointly
owned outlets.
On Schedule B, U.S. outlets and master licensees should
report purchases made directly from foreign franchisors.
U.S. outlets should not report purchases from U.S. master
licensees, as these are domestic (U.S.-to-U.S.) transactions.
Payments by a “company-owned” U.S. outlet to a foreign
owner should be reported.

FORM BE-120 (REV. 08/2022)

GENERAL INSTRUCTIONS – Continued
7.3 	Outright sales or purchases of proprietary rights related
to business format franchising – Includes the outright
sale or purchase of a business format franchise to be used
in perpetuity. A business format franchise is a portfolio of
intellectual property that includes not only a product, service,
and trademark, but the entire business format itself. This may
include a marketing strategy and plan, operating manuals
and standards, and quality control.
Excludes the outright sale or purchase of trademarks
(reportable under transaction code 3.3), except where such
trademarks are part of a business format franchise, even if
the fees are nominally considered to be “franchising” fees.
Excludes any fees for real property or capital equipment
associated with the sale or purchase of a franchise.
NOTE- Transactions previously reported under codes 8.18.3, Other intellectual property, should now be reported
under transaction code 29.1, the provision of customized and
non-customized R&D services; transaction code 29.2, other
R&D services, including testing; or transaction code 42, other
selected services, to the best of the reporter's ability. For
assistance in determining the correct classification, call (301)
278-9303, or send an email to [email protected].
	 B. Transactions in Selected Services
Report sales on Schedule A (except transaction code 13, which is
reportable on Schedule C) and purchases on Schedule B.
9	 Accounting, auditing, and bookkeeping services –
Includes accounting systems design, auditing of accounting
records, bookkeeping, budget development, financial
statement preparation, payroll preparation, tax return
preparation, and similar activities.
	
Excludes data processing and tabulation services (reportable
under transaction code 12.2).
	
If you are reporting sales or purchases of this service, you
are also required to complete Schedules D and/or E.
10	 Advertising services – Preparation of advertising and
placement of such advertising in media, including charges for
media space and time. Includes advertising banners on web
pages. An advertising agency selling such services should
report gross billings to unaffiliated foreigners. Sales by media
companies (e.g., broadcasters, publishers, etc.) that are
arranged through U.S. advertising agencies are presumed
to be reflected in billings of the advertising agencies; thus, in
order to avoid duplication, report only direct transactions with
foreign clients.
Excludes transactions that are with the U.S. affiliates of
foreign clients, rather than directly with foreign clients; such
transactions are considered domestic (U.S.-to-U.S.) and,
therefore, outside the scope of this survey.
Excludes charges for services other than advertising, such
as public relations or market research not directly associated
with an advertising campaign (reportable under transaction
code 21.1). U.S. media companies should report only
direct sales of advertising services to unaffiliated foreign
persons; they should not report advertising arranged by
U.S. advertising agencies, including U.S. affiliates of foreign
advertising agencies.
Under purchases of advertising services, U.S. Reporters that
are advertising agencies should report only funds paid to
foreign advertising agencies and media companies on behalf
of their clients.
U.S. Reporters other than advertising agencies should report
only payments made directly to foreign advertising agencies and
media companies. Do not report payments made through a U.S.
advertising agency. Also, do not report payments made through
the U.S. office of a foreign advertising agency if your payment is
made to the U.S. office.
Includes the value of reciprocal exchanges; i.e., transactions
involving barter. On Schedule A, value your sales to the
foreign participant in the reciprocal exchange at market
rates, not at the actual cost of performing the services.
On Schedule B, value your purchases from the foreign
participant at the same amount as the sales reported on
FORM BE-120 (REV. 08/2022)

Schedule A.
If you are reporting sales or purchases of this service, you
are also required to complete Schedules D and/or E.
11 	 Auxiliary insurance services – Agent’s commissions,
insurance brokering and agency services, insurance
consulting services, evaluation and adjustment services,
actuarial services, salvage administration services, and
regulatory and monitoring services on indemnities and
recovery services. Non-insurance companies should
report these transactions on this survey. Insurance
companies should only report these transactions on the
BE-45, Quarterly Survey of Insurance Transactions by U.S.
Insurance Companies with Foreign Persons. A copy of the
form can be downloaded from www.bea.gov/ssb.
12.1 Computer software, including end-user licenses
and customization services – Includes customized
software (however delivered) and related licenses to use;
the development, production, supply, and documentation
of customized software, including operating systems,
made to order for specific users; licenses to use noncustomized software provided on a storage device with a
periodic license fee; sales or purchases of originals and
ownership rights for software systems and applications,
downloaded or otherwise electronically delivered; includes
non-customized (mass-produced) software downloaded or
otherwise electronically delivered, whether with a periodic
license or a single payment. Software includes general
business productivity software, computer game software,
and other applications.
Includes software downloaded from the Internet, fees and
subscriptions for online gaming (including video games),
and licensing agreements and end-user fees associated
with downloading applications on to smart phones and
tablets. Fees for developing such applications, however,
should be reported under transaction code 29.1.
Includes subscriptions and fees related to an electronic
platform’s sales of software if the platform obtains a license
to distribute the software prior to the consumer ordering the
product.
Excludes fees related to an electronic platform’s sales
of software if the platform does not obtain a license to
distribute prior to the consumer ordering the product. These
fees should be reported under transaction code 12.2.
Excludes non-customized (prepackaged) computer
software on physical media for perpetual use shipped
to or from the United States and reported on import or
export declarations filed with the U.S. CBP. Also excludes
computer training courses not designed for a specific user
(reportable under education services), charges for licenses
to reproduce or distribute software (reportable under
rights to reproduce and/or distribute general use computer
software), and leasing of computers with an operator
(reportable under operational leasing).
12.2 Cloud computing and data storage services – Includes
providing infrastructure for hosting, including specialized
hosting activities (Web hosting, streaming, application
hosting, cloud services, collaborative “wiki” documents,
and digital media services); application services; or timeshare mainframe facilities services. Includes complete data
processing services and specialized reports from data
supplied by clients, automated data processing, data entry,
and optical scanning.
	
Includes fees related to an electronic platform’s sales
of software if the platform does not obtain a license to
distribute prior to the consumer ordering the product.
Excludes subscriptions and fees related to an electronic
platform’s sales of software if the platform obtains a license
to distribute the software prior to the consumer ordering it,
which should be reported under transaction code 12.1.
12.3 Other computer services – Includes hardware and
software consultancy and implementation services,
including the management of subcontracted computer
services; hardware and software installation, including
	

Page 29

GENERAL INSTRUCTIONS – Continued
installation of mainframes and central computing units;
maintenance and repairs of computers and peripheral
equipment; computer facilities management; data recovery
services; analysis, design, and programming of systems
ready to use (including web page development and design),
and technical consultancy related to software; systems
maintenance and other support services, including training
provided as part of consultancy.
	
If you are reporting sales or purchases of this service, you
are also required to complete Schedules D and/or E.
13 	 Construction services (Report sales on Schedule C,
purchases on Schedule B) – The creation, renovation,
repair, or extension of fixed assets in the form of buildings,
land improvements of an engineering nature, and other
engineering construction such as roads, bridges, dams,
and so forth. Includes related installation and assembly
work. Includes site preparation and general construction
as well as specialized services such as painting, plumbing,
and demolition. Includes services of general contractors in
the field of building and heavy construction; construction
work by special trade contractors, such as the erection
of structural steel for bridges and buildings; and on-site
electrical work. Includes management of construction
projects.
14.1 News agency services – Includes the provision of news,
photographs, and feature articles to the media. Excludes
production costs related to news broadcasters, see
transaction code 42.
	
If you are reporting sales or purchases of this service, you
are also required to complete Schedules D and/or E.
14.2 Other information services – Includes database services,
such as database conception and the dissemination of data
and databases (including directories and mailing lists), both
online and through magnetic, optical, or printed media and
web search portals (encompassing search engine services
that find Internet addresses for clients who input keyword
queries). Also included are: direct non-bulk subscriptions
to newspapers and periodicals, whether by mail, electronic
transmission, or other means; other online content provision
services; and library and archive services. (Bulk newspapers
and periodicals are included under general merchandise, and
are not reportable on this survey.)
15 	 Education services – Includes services relating to all
levels of remote education, whether delivered through
correspondence courses, via television, satellite, or the
Internet, as well as by teachers and instructors who
supply services directly in host economies. Also includes
subscriptions and fees for platforms that host massive
online open courses (MOOCs) and other online learning
content on behalf of educational institutions, other
organizations, and independent instructors.
	
Transactions are only reportable if the service providers
are not employees of the entity from whom they are paid.
Includes training provided via USAID contracts. Report
amounts received from USAID as sales to unaffiliated
foreign persons, and any foreign expenses associated with
such contracts as payments to unaffiliated foreign persons.
Excludes tuition and fees charged to U.S. and foreign
persons by educational institutions when the students travel
to the institution for study (e.g. study abroad and foreign
exchange students), even if they attend courses remotely
from within the country of institution.
Excludes training provided by a manufacturer in connection
with the sale of a good (reportable under transaction code
19.2).
	
If you are reporting sales or purchases of this service, you
are also required to complete Schedules D and/or E.
16.1 Architectural services – Includes architectural design
related to landscaping, urban planning, and other
development projects; and transactions related to the
design of buildings.

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If you are reporting sales or purchases of this service, you
are also required to complete Schedules D and/or E.
16.2 Engineering services – Includes the design, development,
and utilization of machines, materials, instruments,
structures, processes, and systems. Services of this type
involve the provision of designs, plans, and studies related
to engineering projects. Includes civil engineering services,
industrial engineering services, and water resource
engineering. Excludes those engineering services performed
in conjunction with construction and mining services projects
(reportable under transaction codes 13 and 23, respectively).
Includes services purchased in connection with proposed
projects (e.g., feasibility studies) as well as projects that are
actually being carried out.
Excludes computer systems engineering (reportable
under transaction code 12.3). Includes, however, services
performed with the assistance of computers, such as
computer-assisted design work.
	
If you are reporting sales or purchases of this service, you
are also required to complete Schedules D and/or E.
16.3 Surveying, cartography, certification, testing, and
technical inspection services – Includes surveying;
cartography; product testing and certification; and geological
analysis, testing, and inspection services. Includes routine
testing such as analysis of the chemical and biological
properties of materials such as air, water, waste (municipal
and industrial), fuels, metal, soil, minerals, food, and
chemicals.
	
Excludes testing and other product/process development
activities that will likely give rise to patents, which should be
reported under transaction code 29.2. Excludes geological
surveying services (reportable under transaction code 23).
	
If you are reporting sales or purchases of this service, you
are also required to complete Schedules D and/or E.
17	 Financial services (Schedule B only) – Includes payment
of credit-related fees, fees on securities transactions, and
fees for other financial services. This service should only
be reported by nonfinancial services companies. Financial
services companies should only report these services
on the BE-185, Quarterly Survey of Financial Services
Transactions Between U.S. Financial Services Providers and
Foreign Persons. A copy of the form can be downloaded from
www.bea.gov/ssb.
Credit-related fees include fees for establishing, maintaining,
or arranging credit, letters of credit, bankers acceptances,
mortgages, factoring services, loan guarantees, etc., that
are commonly provided by foreign banking establishments.
Include fees paid directly and fees that are withheld or
deducted from your proceeds by the foreign person. For
example, for factoring services, the fee may be calculated
as the difference between the proceeds you received
from the sale of your receivables and the face amount of
the receivables sold; for arranging credit, letters of credit,
etc., it may be calculated as the difference between the
proceeds you received from the loan, letter of credit, etc.
(after the deduction of the fee) and your liability to the foreign
lending establishment. Report credit-related fees in the
accounting period in which they are incurred, whether or not
expensed in that accounting period. Excludes interest on
your obligations, because interest is a payment for the use
of the loan proceeds and is not a fee for the establishment,
maintenance, or arrangement of credit.
Fees on securities transactions include commissions and
other fees for securities transactions (including transactions
in derivatives) or futures trading, such as brokerage,
underwriting, private placements, etc. Fees for such services
would commonly be paid to foreign investment banks and
securities brokers or dealers. Include fees that can be
calculated from transactions records or other documentation
issued by the investment bank or security broker or dealer.
Omit, rather than attempt to estimate, these fees if they
cannot be calculated from such documentation. (For
example, a dealer’s markup on bond purchases and sales
cannot be directly estimated from transactions records
FORM BE-120 (REV. 08/2022)

GENERAL INSTRUCTIONS – Continued
issued by a securities dealer.)
Fees for other financial services include fees for asset/
liability management, debt renegotiation, and other financial
services.
Excludes leasing (operational leasing services are reportable
under transaction code 24), and real estate management
services (management, consulting, and public relations
services are reportable under transaction code 21.3).
19.1 Maintenance services – Includes maintenance services
primarily on machinery and equipment. May also include
small maintenance work on buildings, structures, dams,
highways, etc., but only to the extent that the work is not
reported under transaction code 13. Includes such services
as the periodic overhaul of turbines, the extinguishment of
natural gas well fires, and refinery maintenance.
Include maintenance and repair of ships, aircraft, and
other transport equipment only if such transactions are not
reported on the BE-30, Quarterly Survey of Ocean Freight
Revenues and Foreign Expenses of U.S. Carriers, or the
BE-37, Quarterly Survey of U.S. Airline Operators’ Foreign
Revenues and Expenses. Copies of these forms can be
found at www.bea.gov/ssb.
Excludes computer maintenance (reportable under
transaction code 12.3), and services related to the
maintenance and repair of telecommunications equipment
and ground station services (reportable under transaction
code 30).
19.2 	Installation, alteration, and training services – Includes
only installation, startup, and training services provided by a
manufacturer in connection with the sale of a good.
Excludes such services where the cost is included in the
price of the goods and not separately billed, or is declared
as a part of the price of the goods on the import or export
declaration filed with the U.S. CBP; however, services
provided at a price over and above that entered on the
declaration should be included. These services would be
reported elsewhere if not received in connection with the
purchase of goods. For example, installation of machinery
and equipment is normally considered a construction activity,
and training personnel in the use of new machinery would
ordinarily be reported as an educational or training service.
	
If you are reporting sales or purchases of this service, you
are also required to complete Schedules D and/or E.
20	 Legal services – Includes services provided in a range of,
or in a specific area of law, such as criminal law, corporate
law, or real estate law. Includes the provision of other legal
services by businesses such as notary public services,
patent agent services and real estate settlement offices.
Excludes fines, penalties, and settlements imposed by courts
of law or other government bodies.
	
If you are reporting sales or purchases of this service, you
are also required to complete Schedules D and/or E.
21.1 Market research services – Includes market research and
telemarketing.
	
If you are reporting sales or purchases of this service, you
are also required to complete Schedules D and/or E.
21.2 Public opinion polling services – Includes public opinion
polling on various issues.
	
If you are reporting sales or purchases of this service, you
are also required to complete Schedules D and/or E.
21.3 	Other management, consulting, and public relations
services (including allocated expenses) – Includes
management services, consulting services, public relations
services, and amounts received by a parent company from
its affiliates for general overhead and stewardship.
Excludes consulting engineering services related to actual or
proposed construction projects (reportable under transaction
code 16.1–16.3); computer consulting (reportable under
transaction code 12.3); and public relations services that are
an integral part of an advertising campaign (reportable under
FORM BE-120 (REV. 08/2022)

	
22	

23 	

24 	

	
25 	

transaction code 10). Also excludes transactions between
parent companies and affiliates that are identifiable as
arising from the provision of advertising, accounting,
legal, R&D, etc. services, even if these amounts represent
reimbursements of sums paid to third parties. That is,
transactions between parent companies and affiliates
should not be reported in management services if they can
instead be reported in another services category.
Excludes financial management services provided by, or for,
financial services providers. Financial services companies
should only report these services on the BE-185, Quarterly
Survey of Financial Services Transactions Between
U.S. Financial Services Providers and Foreign Persons.
Payments for financial services by non-financial services
companies should be reported under transaction code 17.
If you are reporting sales or purchases of this service, you
are also required to complete Schedules D and/or E.
Merchanting services (net receipts, Schedule A only) –
Sales of merchanting services are equal to the difference
between your cost and the resale price of goods (such
as crude oil, grain, and other commodities) that are both
purchased and resold abroad; that is, the goods are neither
imported to, nor exported from, the United States and
they do not undergo significant processing during the time
between when they are purchased and resold. Without
regard to whether you initially purchased the goods from an
affiliated or unaffiliated foreign person, report data for those
transactions according to the company’s relationship with
the foreign entity (foreign affiliate, foreign parent group, or
unaffiliated foreign person) to which the goods were resold.
Only the “Total, all countries this page” (line 34 of Schedule
A) is required to be reported for this service. Any data that
are voluntarily reported by individual foreign country should
be reported according to the individual foreign countries to
which the goods were resold (and not the foreign countries
from which the goods were purchased).
Mining services – Includes drilling wells for oil or gas
field operations; exploration, including prospecting and
taking ore samples; grading and building foundations
at well locations; well surveying; and making geological
observations. Includes services purchased in connection
with proposed projects (e.g. feasibility studies) as well as
projects that are actually being carried out.
Operational leasing – Rentals for computer and data
processing equipment; transportation equipment (such as
ships, aircraft, railway cars, containers, rigs automotive
fleets, etc.) without crew or operators (if crew or operators
are provided, the fee is considered to be for transportation
services, which may be reportable on BEA forms BE-9,
BE-30, or BE-37. Go to www.bea.gov/ssb to determine
which forms cover your particular transportation services);
and rentals of other machinery and equipment. Include
fees from rentals of furniture, coin-operated machines,
construction equipment (without operators), and electronic
equipment.
Excludes rentals under leases that have been capitalized
(capital leases) and rentals of any items other than
machinery and equipment. For example, excludes rentals
of office buildings and other real estate, film rentals, and
employee leasing.
If you are reporting sales or purchases of this service, you
are also required to complete Schedules D and/or E.
Trade-related services, other than merchanting
services – Auction services (including online), transactions
fees for business to business (B2B), business to consumer
(B2C), and consumer to consumer (C2C) exchanges
conducted over the Internet (including on platforms), as
well as commissions or “finders’ fees” to independent sales
agents. Includes fees received or paid for services that
connect consumers and independent service providers
or merchants using web-based platforms if these fees are
received from or paid to foreign persons. Include the value
of the fees and commissions only, and not the value of the
goods or services transacted.
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GENERAL INSTRUCTIONS – Continued
	

Excludes transactions that are between a foreign affiliate of
the U.S. Reporter and foreign clients, which are considered
foreign-to-foreign and, therefore, outside the scope of this
survey. Excludes transactions between the U.S. Reporter
and other U.S. persons, which are considered domestic
transactions, and, therefore, outside the scope of this survey.
	
If you are reporting sales or purchases of this service, you
are also required to complete Schedules D and/or E.
26 	 Artistic-related services – Includes fees to performers
(such as actors, dancers, musicians, etc.), athletes, directors,
and producers involved with live events such as concerts,
theatrical and musical productions, sporting events, and
similar events. To be reported by (a) U.S. management
companies, booking agents, promoters, and presenters
who received funds from or paid funds to foreign persons
for performances and events, and (b) U.S. performers who
received funds directly from a foreign person rather than
through a U.S. management company or similar entity. As
used here, “performers” means entertainers, sports teams,
orchestras, dance companies, lecturers, and similar persons
or performing groups such as artists, sculptors, authors,
models, etc. Includes fees related to the production of live
performances and events.
Excludes fees paid to employees of the entity making
payments, such as foreign athletes who play for U.S. resident
sports teams. Excludes production costs related to radio and
television programs and motion pictures (reportable under
transaction code 34).
Note for transaction codes 27 and 28: When you report either
transaction codes 27 or 28, also report the other transaction code
on a separate Schedule B. If there are transactions for one of these
but not for the other, enter “NA” on line 35 of the Schedule with no
transactions.
27 	 Primary insurance premiums (Schedule B only) –
Premiums (net of cancellations) paid to foreign insurance
carriers. A U.S. Reporter that is an insurance company
should not report direct transactions with a foreign insurance
company. If the U.S. Reporter is an insurance company,
report such transactions on the BE-45, Quarterly Survey
of Insurance Transactions by U.S. Insurance Companies
with Foreign Persons. A copy of this survey can be found
at www.bea.gov/ssb. However, a U.S. Reporter that is not
an insurance company that purchased insurance from an
affiliated foreign insurance company (for example, a captive
insurance affiliate) should report those purchases here.
28 	 Losses recovered on primary insurance (Schedule B
only) – Losses recovered on insurance purchased from
foreign insurance carriers. A U.S. Reporter that is an
insurance company should not report losses recovered from
a foreign insurance company. However, a U.S. Reporter
that is not an insurance company that purchased insurance
from an affiliated foreign insurance company (for example,
a captive insurance affiliate) should report losses recovered
here.
29.1 Provision of customized and non-customized research
and development services – Includes work aimed at
discovering new knowledge or developing new or significantly
improved goods and services. Covers the provision of
research and development services that are made-to-order
(customized) and development of non-customized research
and development services, excluding sales of proprietary
rights, and sales related to licenses to reproduce or use.
Includes basic and applied scientific research and fees for
the conduct of experiments or performances of research and
development activities aboard spacecraft. Excludes medical
and dental laboratory services (reportable under transaction
code 32).
	
If you are reporting sales or purchases of this service, you
are also required to complete Schedules D and/or E.
29.2 	Other research and development services – Includes
testing and other product/process development activities
that will likely give rise to patents and are not reportable
elsewhere. Excludes routine testing such as analysis of the
chemical and biological properties of materials such as air,
Page 32	

water, waste (municipal and industrial), fuels, metal, soil,
minerals, food, and chemicals, which should be reported
under reported under transaction code 16.3.
	
If you are reporting sales or purchases of this service, you
are also required to complete Schedules D and/or E.
30	 Telecommunications services – Telecommunications
services encompass the broadcast or transmission of
sound, images, data, or other information by telephone,
radio, and television cable transmission, radio and television
satellite, e-mail, facsimile, and so forth, including business
network services, teleconferencing, and support services.
They do not include the value of the information transported.
Includes mobile telecommunications services, Internet
backbone services, and online access services, including
provision of access to the Internet.
Excludes installation services for telephone network
equipment (reportable under transaction code 13) and
database services (reportable under transaction code 14.2).
Excludes subscription fees for cable or satellite television
programming (reportable under transaction code 4.1).
Includes services of the following types (to be reported in
aggregate, rather than as five separate types of services):
Message telephone services, and other jointly provided
basic services – On Schedule A, report receipts from
foreign persons (communications companies and postal,
telephone, or PTT agencies) for your share of revenues
for transmitting messages originating abroad to U.S.
destinations. On Schedule B, report payouts to foreign
persons (communications companies and PTT’s) for their
share of revenues for transmitting messages originating
in the United States to foreign destinations. For messages
originating in foreign countries and routed through the
United States (for example, from Caribbean countries
via the United States to Western Europe), report receipts
from the foreign person originating the message and
payouts to the country of destination. Also report receipts
for transmitting messages between foreign points when
not offered in connection with enhanced services, callback services, and other regulated services of the type
reportable to the FCC on Report 43.61.
Private leased channel services – On Schedule A, report
receipts from foreign persons for circuits and channels
terminating in the United States and for circuits and
channels between foreign points. On Schedule B, report
payouts to foreign persons (communications companies
and PTT’s) for leased channels and circuits terminating in
foreign countries.
Value-added (enhanced) services – Telecommunications
services that add value or function above and beyond
the telecommunications transport services that deliver
the value-added services to end users. They can include
(a) e-mail, voice mail, code and protocol processing, and
management and operation of data networks; (b) facsimile
services and video-conferencing; (c) Internet connections
(online access service including Internet backbone, router
services, and broadband access services); (d) satellite
broadcasting business communication and paging services
provided by satellite connections; (e) telephony, interactive
voice response, virtual private networking, remote access
service, and voice over IP; and (f) other value-added
(enhanced) services.
Support services – Services related to the maintenance
and repair of telecommunications equipment and ground
station services. Do not include installation services for
telephone network equipment (reportable under transaction
code 13).
Reciprocal exchanges – Includes the value of reciprocal
exchanges, i.e., transactions involving barter. On Schedule
A, value your sales to the foreign participant in the
reciprocal exchange at market rates, not at the actual cost
of performing the services. On Schedule B, value your
purchases from the foreign participant at the same amounts
as the sales reported on Schedule A.
FORM BE-120 (REV. 08/2022)

GENERAL INSTRUCTIONS – Continued
32	 Health services – Includes general and specialized
human health services provided by hospitals, doctors,
nurses, etc., as well as laboratory, diagnostic, and similar
services, whether provided remotely or on-site in the host
economy. Includes diagnostic-imaging services, as well
as pharmaceutical, radiology, and rehabilitation services.
Transactions are included only if the service providers are not
employees of the entity from whom they are paid.
Excludes health services provided to non-residents who are
present in the territory of the service provider (i.e., foreign
patients treated in the United States or vice-versa). Excludes
veterinary services, which are included in agricultural
services under transaction code 40.
	
If you are reporting sales or purchases of this service, you
are also required to complete Schedules D and/or E.
33 	 Heritage and recreational services – Includes amounts
received or paid for services associated with museums and
other cultural, sporting, recreational, and gambling activities,
except those acquired by persons traveling outside their
country of residence.
	
Gambling includes service charges receivable or payable
to the unit organizing the lottery or gambling. Includes
online gambling. The amounts paid for gambling, including
lottery tickets and placed in bets, consist of two elements: a
service charge receivable by the unit organizing the lottery
or gambling (this charge may also have to cover taxes on
gambling); and a transfer to cover the amounts payable
to the winners and, in some cases, amounts payable to
charities. The value of the lottery and other gambling and
betting services supplied by or to non-residents is estimated
as the amount wagered by non-residents multiplied by the
overall ratio of services to the total amount wagered for
that gambling operator or type of gambling. This method for
separately identifying the service component is similar to the
method used for insurance services.
34 	 Audiovisual and production services – Includes sales
and purchases for the production of motion pictures (on
film, videotape, disk, or transmitted electronically), radio and
television programs (live or on tape) and musical recordings.
Excludes production costs related to performing arts and
other live events (reportable under transaction code 26).
	
If you are reporting sales or purchases of this service, you
are also required to complete Schedules D and/or E.
35 	Contract manufacturing services – Contract manufacturing
services cover processing, assembly, labeling, packing
and so forth on materials and physical components owned
by others. The manufacturing is undertaken by a business
that does NOT own the goods—the “manufacturing service
provider”—and that is paid a fee by the owner of the
goods. Ownership of the goods does not transfer to the
manufacturing service provider. Examples of processes
that are often conducted under contract manufacturing
arrangements include oil refining, liquefaction of natural
gas, assembly of clothing, electronics and other goods, and
labeling and packing (excluding those incidental to transport).
36 	 Disbursements for sales promotion and representation
– Funding to maintain sales promotion and representative
offices. Sales promotion offices typically have few assets
other than office furniture; to the extent that their employees
are compensated by commissions, the commissions arise
only from sales or business that the employees generate for
their U.S. or foreign parents; sales promotion offices do not
produce revenue, other than funds from their parents to cover
their expenses, and they are engaged only in sales promotion,
representational, and public-relations type activities. Report the
funds to maintain this type of office as a transaction with an
unaffiliated entity as opposed to a transaction with an affiliated
foreign person.
Excludes exhibition services provided by trade fairs
(reportable under transaction code 39).
	
If you are reporting sales or purchases of this service, you
are also required to complete Schedules D and/or E.
FORM BE-120 (REV. 08/2022)

37 	 Photographic services (including satellite photography
services) – Includes all photographic services undertaken on
an ad-hoc or contract basis. Includes remote sensing/satellite
imagery services.
	
Excludes the provision of news photographs, which are
reportable under transaction code 14.1.
Excludes fees paid to the provider of a database of stock
photographs (reportable under transaction code 14.2).
	
If you are reporting sales or purchases of this service, you are
also required to complete Schedules D and/or E.
38	 Space transport services – Includes satellite launches,
transport of goods and people for scientific experiments, and
space passenger transport.
39 	 Trade exhibition and sales convention services – Includes
the organization of economic events (trade shows or
exhibitions at regular or irregular intervals); organization of
scientific or cultural meetings and congresses; and supply
and setting up of exhibition equipment associated with the
organization of trade exhibitions.
40 	 Agricultural services – Soil preparation services, crop
services, veterinary and other animal services, farm labor
and management services, and landscape and horticultural
services.
41	 Waste treatment and depollution services – Treatment of
radioactive and other waste, stripping of contaminated soil,
cleaning up of pollution including spills, restoration of mining
sites, and decontamination and sanitation services. Includes
all other services that relate to the cleaning or restoring of the
environment.
42 Other selected services n.i.e. (not included elsewhere)
– When reporting data under this transaction code, also
identify the specific type of transaction from the list below
accounting for the largest share of the reported total on line 35
of Schedule A or B. Note for miscellaneous disbursements:
Where a set of related expenditures was made in several
countries, but your recordkeeping does not permit a precise
allocation of expenses among individual countries, estimates
are acceptable. If no basis for such estimates exists, then you
may record the expenditures against the country in which the
activities were centered or headquartered. For example, a
news correspondent may conduct news-gathering activities
in several countries. Although it would be preferable to report
news-gathering expenses in each of the several countries, all
of the expenses may, if necessary, be recorded against the
country where the foreign news bureau is headquartered, or
where the correspondent had the largest outlays.
Excludes travel, transportation, insurance, financial services,
and expenditures by students and medical patients who are
studying or seeking treatment in a country different from their
country of residence, which are outside the scope of this
survey.
This category includes, but is not limited to, the following types
of services:
Disbursements to fund news-gathering costs of
broadcasters– U.S. broadcasters’ outlays to fund
operations of their foreign news bureaus and for support of
correspondents in foreign countries, and foreign broadcasters’
outlays to fund operations of their U.S. news bureaus and for
support of correspondents in the United States. (See note
above.)
Disbursements to fund news-gathering costs of print
media – Outlays by U.S. newspapers, news syndicates,
and news magazines for the operation of their foreign news
bureaus, and outlays by foreign newspapers, news syndicates,
and news magazines for the operation of their U.S. news
bureaus. (See note above.)

Page 33

GENERAL INSTRUCTIONS – Continued
V. REPORTING PROCEDURES
	

Disbursements to maintain government tourism and business
promotion offices – Funding to maintain state and local tourism
and business promotion offices located abroad, and funding to
maintain foreign government sponsored tourism and business
promotion offices located in the United States. (See note above.)
Employment agencies and temporary help supply services –
help and personnel to perform services on a contract or fee basis.
Where workers are carried on the payroll of the agency, includes
amounts received or paid for the compensation of workers as well
as agency fees. Includes subscriptions and fees for job search,
employment, and recruitment websites and freelancing platforms.
Mailing, reproduction, and commercial art – Direct mail
advertising services; mailing services, such as re-mailing
services in connection with direct mail advertising; commercial
photography, art, and graphic services; address list compilation;
and stenographic services. Excludes freight, postal, and courier
services. Such transactions should be reported the BE-30,
Quarterly Survey of Ocean Freight Revenues and Foreign
Expenses of United States Carriers, or the BE-37, Quarterly
Survey of U.S. Airline Operators’ Foreign Revenues and
Expenses. Copies of these forms can be downloaded from www.
bea.gov/ssb.
Other services n.i.e. (not included elsewhere) – Report
transactions in the following types of services: language
translation services, salvage services, security services, collection
services, and transcription services. Also include services not
elsewhere classified, except those that are outside the scope of
this survey. See I.B. for a definition of services covered by the
BE-120 survey that – when considered in connection with service
categories 9 through 41 above – also helps to describe what
transactions are reportable in this category.

Page 34

A.	 Due date – A completed BE-120 is due July 31, 2023.
B.	 Extensions – Requests to file the BE-120 survey after July
31, 2023 will be considered if it is received before the due
date. Requests can be submitted electronically at www.bea.
gov/efile. You may also fax a written request to (301) 2789507.
C.	 Assistance and additional copies of the forms – Phone
(301) 278-9303 for assistance, or send an email to
[email protected]. Copies of BEA survey forms are
available on BEA’s web site: www.bea.gov/be120.
D.	 Rounding – Report currency amounts in U.S. dollars rounded
to thousands (omitting 000). For example, if the amount is
$1,334,515.00, report it as $1,335.
E.	 Estimates – If actual figures are not available, report
estimates and label them as such. When data items cannot
be fully subdivided as required, report totals and an estimated
breakdown of the totals.
F.	 Original and file copies – File a single original copy of the
form. In addition, retain a copy of the report in your files to
facilitate resolution of problems; these copies should be
retained by the U.S. Reporter for a period of not less than three
years beyond the original due date.
Where to send the report – To file a report electronically see
our web site at www.bea.gov/efile for details.
Send reports through the U.S. Postal Service to:
Bureau of Economic Analysis
Balance of Payments Division, BE-50 (SSB)
4600 Silver Hill Rd.
Washington, DC 20233
Send reports by direct private express delivery to:
Bureau of Economic Analysis
Balance of Payments Division, BE-50 (SSB)
4600 Silver Hill Rd.
Suitland, MD 20746
Fax reports to: (301) 278-9507

FORM BE-120 (REV. 08/2022)

OVERFLOW FOR  Schedules A  OR B  OF FORM BE-120,
BENCHMARK SURVEY OF TRANSACTIONS IN SELECTED SERVICES AND
INTELLECTUAL PROPERTY WITH FOREIGN PERSONS
Company Name

BE-120 Identification Number

Form BE-120 Schedule ____ (Enter “A” or “B”)
BEA
USE
ONLY

Country

(1)

00. BEA USE ONLY _______________
01. Country total for this page
(sum of 02–25). . . . . . . . . . . . . . . . . . 
02.

Overflow Page# ____ of ____
REPORT IN THOUSANDS OF U.S. DOLLARS (e.g., report $1,555,555.00 as 1,556)
Transaction Code

____________________
Foreign affiliates
(3)

See page 13 for more information about reporting relationships

(2)
2

3

4

5

1

2

3

4

5

1

2

3

1

2

3

1

2

3

1

2

3

1

2

3

1

2

3

1

2

3

1

2

3

1

2

3

1

2

3

1

2

3

1

2

3

1

2

3

1

2

3

1

2

3

1

2

3

1

2

3

1

2

3

1

2

3

1

2

3

1

2

3

1

2

3

1

2

3

1

2

3

000

$

001

003

04.

004

05.

005

06.

006

07.

007

08.

008

09.

009

10.

010

11.

011

12.

012

13.

013

14.

014

15.

015

16.

016

17.

017

18.

018

19.

019

20.

020

21.

021

22.

022

23.

023

24.

024

25.

Unaffiliated foreign persons
(5)

1

002

03.

Foreign parent group
(4)

025

000
000
000
000
000
000
000
000
000
000
000
000
000
000
000
000
000
000
000
000
000
000
000
000
000

$
4
4
4
4
4
4
4
4
4
4
4
4
4
4
4
4
4
4
4
4
4
4
4
4

000
000
000
000
000
000
000
000
000
000
000
000
000
000
000
000
000
000
000
000
000
000
000
000
000

$
5
5
5
5
5
5
5
5
5
5
5
5
5
5
5
5
5
5
5
5
5
5
5
5

000
000
000
000
000
000
000
000
000
000
000
000
000
000
000
000
000
000
000
000
000
000
000
000
000

26. If you reported sales of transaction code 42, other selected services n.i.e., you are required to specify the major type of service. in the line below. For all
other transaction codes, you are requested to provide a brief description of the transactions you are reporting.

035 0

NOTE — Use this overflow sheet if there is insufficient space on Form BE-120, Schedules A or B , to list every individual foreign country with which
you had transactions.
FORM BE-120 (REV. 06/2022)	

Page 35

OVERFLOW FOR  Schedules A  OR B  OF FORM BE-120,
BENCHMARK SURVEY OF TRANSACTIONS IN SELECTED SERVICES AND
INTELLECTUAL PROPERTY WITH FOREIGN PERSONS
Company Name

BE-120 Identification Number

Form BE-120 Schedule ____ (Enter “A” or “B”)
BEA
USE
ONLY

Country

(1)

00. BEA USE ONLY _______________
01. Country total for this page
(sum of 02–25). . . . . . . . . . . . . . . . . . 
02.

Overflow Page# ____ of ____
REPORT IN THOUSANDS OF U.S. DOLLARS (e.g., report $1,555,555.00 as 1,556)
Transaction Code

____________________
Foreign affiliates
(3)

See page 13 for more information about reporting relationships

(2)
2

3

4

5

1

2

3

4

5

1

2

3

1

2

3

1

2

3

1

2

3

1

2

3

1

2

3

1

2

3

1

2

3

1

2

3

1

2

3

1

2

3

1

2

3

1

2

3

1

2

3

1

2

3

1

2

3

1

2

3

1

2

3

1

2

3

1

2

3

1

2

3

1

2

3

1

2

3

1

2

3

000

$

001

003

04.

004

05.

005

06.

006

07.

007

08.

008

09.

009

10.

010

11.

011

12.

012

13.

013

14.

014

15.

015

16.

016

17.

017

18.

018

19.

019

20.

020

21.

021

22.

022

23.

023

24.

024

25.

Unaffiliated foreign persons
(5)

1

002

03.

Foreign parent group
(4)

025

000
000
000
000
000
000
000
000
000
000
000
000
000
000
000
000
000
000
000
000
000
000
000
000
000

$
4
4
4
4
4
4
4
4
4
4
4
4
4
4
4
4
4
4
4
4
4
4
4
4

000
000
000
000
000
000
000
000
000
000
000
000
000
000
000
000
000
000
000
000
000
000
000
000
000

$
5
5
5
5
5
5
5
5
5
5
5
5
5
5
5
5
5
5
5
5
5
5
5
5

000
000
000
000
000
000
000
000
000
000
000
000
000
000
000
000
000
000
000
000
000
000
000
000
000

26. If you reported sales of transaction code 42, other selected services n.i.e., you are required to specify the major type of service. in the line below. For all
other transaction codes, you are requested to provide a brief description of the transactions you are reporting.

035 0

NOTE — Use this overflow sheet if there is insufficient space on Form BE-120, Schedules A or B , to list every individual foreign country with which
you had transactions.
Page 36	

FORM BE-120 (REV. 06/2022)

OVERFLOW FOR  Schedules A  OR B  OF FORM BE-120,
BENCHMARK SURVEY OF TRANSACTIONS IN SELECTED SERVICES AND
INTELLECTUAL PROPERTY WITH FOREIGN PERSONS
Company Name

BE-120 Identification Number

Form BE-120 Schedule ____ (Enter “A” or “B”)
BEA
USE
ONLY

Country

(1)

00. BEA USE ONLY _______________
01. Country total for this page
(sum of 02–25). . . . . . . . . . . . . . . . . . 
02.

Overflow Page# ____ of ____
REPORT IN THOUSANDS OF U.S. DOLLARS (e.g., report $1,555,555.00 as 1,556)
Transaction Code

____________________
Foreign affiliates
(3)

See page 13 for more information about reporting relationships

(2)
2

3

4

5

1

2

3

4

5

1

2

3

1

2

3

1

2

3

1

2

3

1

2

3

1

2

3

1

2

3

1

2

3

1

2

3

1

2

3

1

2

3

1

2

3

1

2

3

1

2

3

1

2

3

1

2

3

1

2

3

1

2

3

1

2

3

1

2

3

1

2

3

1

2

3

1

2

3

1

2

3

000

$

001

003

04.

004

05.

005

06.

006

07.

007

08.

008

09.

009

10.

010

11.

011

12.

012

13.

013

14.

014

15.

015

16.

016

17.

017

18.

018

19.

019

20.

020

21.

021

22.

022

23.

023

24.

024

25.

Unaffiliated foreign persons
(5)

1

002

03.

Foreign parent group
(4)

025

000
000
000
000
000
000
000
000
000
000
000
000
000
000
000
000
000
000
000
000
000
000
000
000
000

$
4
4
4
4
4
4
4
4
4
4
4
4
4
4
4
4
4
4
4
4
4
4
4
4

000
000
000
000
000
000
000
000
000
000
000
000
000
000
000
000
000
000
000
000
000
000
000
000
000

$
5
5
5
5
5
5
5
5
5
5
5
5
5
5
5
5
5
5
5
5
5
5
5
5

000
000
000
000
000
000
000
000
000
000
000
000
000
000
000
000
000
000
000
000
000
000
000
000
000

26. If you reported sales of transaction code 42, other selected services n.i.e., you are required to specify the major type of service. in the line below. For all
other transaction codes, you are requested to provide a brief description of the transactions you are reporting.

035 0

NOTE — Use this overflow sheet if there is insufficient space on Form BE-120, Schedules A or B , to list every individual foreign country with which
you had transactions.
FORM BE-120 (REV. 06/2022)	

Page 37

OVERFLOW FOR  Schedules A  OR B  OF FORM BE-120,
BENCHMARK SURVEY OF TRANSACTIONS IN SELECTED SERVICES AND
INTELLECTUAL PROPERTY WITH FOREIGN PERSONS
Company Name

BE-120 Identification Number

Form BE-120 Schedule ____ (Enter “A” or “B”)
BEA
USE
ONLY

Country

(1)

00. BEA USE ONLY _______________
01. Country total for this page
(sum of 02–25). . . . . . . . . . . . . . . . . . 
02.

Overflow Page# ____ of ____
REPORT IN THOUSANDS OF U.S. DOLLARS (e.g., report $1,555,555.00 as 1,556)
Transaction Code

____________________
Foreign affiliates
(3)

See page 13 for more information about reporting relationships

(2)
2

3

4

5

1

2

3

4

5

1

2

3

1

2

3

1

2

3

1

2

3

1

2

3

1

2

3

1

2

3

1

2

3

1

2

3

1

2

3

1

2

3

1

2

3

1

2

3

1

2

3

1

2

3

1

2

3

1

2

3

1

2

3

1

2

3

1

2

3

1

2

3

1

2

3

1

2

3

1

2

3

000

$

001

003

04.

004

05.

005

06.

006

07.

007

08.

008

09.

009

10.

010

11.

011

12.

012

13.

013

14.

014

15.

015

16.

016

17.

017

18.

018

19.

019

20.

020

21.

021

22.

022

23.

023

24.

024

25.

Unaffiliated foreign persons
(5)

1

002

03.

Foreign parent group
(4)

025

000
000
000
000
000
000
000
000
000
000
000
000
000
000
000
000
000
000
000
000
000
000
000
000
000

$
4
4
4
4
4
4
4
4
4
4
4
4
4
4
4
4
4
4
4
4
4
4
4
4

000
000
000
000
000
000
000
000
000
000
000
000
000
000
000
000
000
000
000
000
000
000
000
000
000

$
5
5
5
5
5
5
5
5
5
5
5
5
5
5
5
5
5
5
5
5
5
5
5
5

000
000
000
000
000
000
000
000
000
000
000
000
000
000
000
000
000
000
000
000
000
000
000
000
000

26. If you reported sales of transaction code 42, other selected services n.i.e., you are required to specify the major type of service. in the line below. For all
other transaction codes, you are requested to provide a brief description of the transactions you are reporting.

035 0

NOTE — Use this overflow sheet if there is insufficient space on Form BE-120, Schedules A or B , to list every individual foreign country with which
you had transactions.
Page 38	

FORM BE-120 (REV. 06/2022)

OVERFLOW FOR  Schedules A  OR B  OF FORM BE-120,
BENCHMARK SURVEY OF TRANSACTIONS IN SELECTED SERVICES AND
INTELLECTUAL PROPERTY WITH FOREIGN PERSONS
Company Name

BE-120 Identification Number

Form BE-120 Schedule ____ (Enter “A” or “B”)
BEA
USE
ONLY

Country

(1)

00. BEA USE ONLY _______________
01. Country total for this page
(sum of 02–25). . . . . . . . . . . . . . . . . . 
02.

Overflow Page# ____ of ____
REPORT IN THOUSANDS OF U.S. DOLLARS (e.g., report $1,555,555.00 as 1,556)
Transaction Code

____________________
Foreign affiliates
(3)

See page 13 for more information about reporting relationships

(2)
2

3

4

5

1

2

3

4

5

1

2

3

1

2

3

1

2

3

1

2

3

1

2

3

1

2

3

1

2

3

1

2

3

1

2

3

1

2

3

1

2

3

1

2

3

1

2

3

1

2

3

1

2

3

1

2

3

1

2

3

1

2

3

1

2

3

1

2

3

1

2

3

1

2

3

1

2

3

1

2

3

000

$

001

003

04.

004

05.

005

06.

006

07.

007

08.

008

09.

009

10.

010

11.

011

12.

012

13.

013

14.

014

15.

015

16.

016

17.

017

18.

018

19.

019

20.

020

21.

021

22.

022

23.

023

24.

024

25.

Unaffiliated foreign persons
(5)

1

002

03.

Foreign parent group
(4)

025

000
000
000
000
000
000
000
000
000
000
000
000
000
000
000
000
000
000
000
000
000
000
000
000
000

$
4
4
4
4
4
4
4
4
4
4
4
4
4
4
4
4
4
4
4
4
4
4
4
4

000
000
000
000
000
000
000
000
000
000
000
000
000
000
000
000
000
000
000
000
000
000
000
000
000

$
5
5
5
5
5
5
5
5
5
5
5
5
5
5
5
5
5
5
5
5
5
5
5
5

000
000
000
000
000
000
000
000
000
000
000
000
000
000
000
000
000
000
000
000
000
000
000
000
000

26. If you reported sales of transaction code 42, other selected services n.i.e., you are required to specify the major type of service. in the line below. For all
other transaction codes, you are requested to provide a brief description of the transactions you are reporting.

035 0

NOTE — Use this overflow sheet if there is insufficient space on Form BE-120, Schedules A or B , to list every individual foreign country with which
you had transactions.
FORM BE-120 (REV. 06/2022)	

Page 39

OVERFLOW FOR  Schedules A  OR B  OF FORM BE-120,
BENCHMARK SURVEY OF TRANSACTIONS IN SELECTED SERVICES AND
INTELLECTUAL PROPERTY WITH FOREIGN PERSONS
Company Name

BE-120 Identification Number

Form BE-120 Schedule ____ (Enter “A” or “B”)
BEA
USE
ONLY

Country

(1)

00. BEA USE ONLY _______________
01. Country total for this page
(sum of 02–25). . . . . . . . . . . . . . . . . . 
02.

Overflow Page# ____ of ____
REPORT IN THOUSANDS OF U.S. DOLLARS (e.g., report $1,555,555.00 as 1,556)
Transaction Code

____________________
Foreign affiliates
(3)

See page 13 for more information about reporting relationships

(2)
2

3

4

5

1

2

3

4

5

1

2

3

1

2

3

1

2

3

1

2

3

1

2

3

1

2

3

1

2

3

1

2

3

1

2

3

1

2

3

1

2

3

1

2

3

1

2

3

1

2

3

1

2

3

1

2

3

1

2

3

1

2

3

1

2

3

1

2

3

1

2

3

1

2

3

1

2

3

1

2

3

000

$

001

003

04.

004

05.

005

06.

006

07.

007

08.

008

09.

009

10.

010

11.

011

12.

012

13.

013

14.

014

15.

015

16.

016

17.

017

18.

018

19.

019

20.

020

21.

021

22.

022

23.

023

24.

024

25.

Unaffiliated foreign persons
(5)

1

002

03.

Foreign parent group
(4)

025

000
000
000
000
000
000
000
000
000
000
000
000
000
000
000
000
000
000
000
000
000
000
000
000
000

$
4
4
4
4
4
4
4
4
4
4
4
4
4
4
4
4
4
4
4
4
4
4
4
4

000
000
000
000
000
000
000
000
000
000
000
000
000
000
000
000
000
000
000
000
000
000
000
000
000

$
5
5
5
5
5
5
5
5
5
5
5
5
5
5
5
5
5
5
5
5
5
5
5
5

000
000
000
000
000
000
000
000
000
000
000
000
000
000
000
000
000
000
000
000
000
000
000
000
000

26. If you reported sales of transaction code 42, other selected services n.i.e., you are required to specify the major type of service. in the line below. For all
other transaction codes, you are requested to provide a brief description of the transactions you are reporting.

035 0

NOTE — Use this overflow sheet if there is insufficient space on Form BE-120, Schedules A or B , to list every individual foreign country with which
you had transactions.
Page 40	

FORM BE-120 (REV. 06/2022)

OVERFLOW FOR  Schedules A  OR B  OF FORM BE-120,
BENCHMARK SURVEY OF TRANSACTIONS IN SELECTED SERVICES AND
INTELLECTUAL PROPERTY WITH FOREIGN PERSONS
Company Name

BE-120 Identification Number

Form BE-120 Schedule ____ (Enter “A” or “B”)
BEA
USE
ONLY

Country

(1)

00. BEA USE ONLY _______________
01. Country total for this page
(sum of 02–25). . . . . . . . . . . . . . . . . . 
02.

Overflow Page# ____ of ____
REPORT IN THOUSANDS OF U.S. DOLLARS (e.g., report $1,555,555.00 as 1,556)
Transaction Code

____________________
Foreign affiliates
(3)

See page 13 for more information about reporting relationships

(2)
2

3

4

5

1

2

3

4

5

1

2

3

1

2

3

1

2

3

1

2

3

1

2

3

1

2

3

1

2

3

1

2

3

1

2

3

1

2

3

1

2

3

1

2

3

1

2

3

1

2

3

1

2

3

1

2

3

1

2

3

1

2

3

1

2

3

1

2

3

1

2

3

1

2

3

1

2

3

1

2

3

000

$

001

003

04.

004

05.

005

06.

006

07.

007

08.

008

09.

009

10.

010

11.

011

12.

012

13.

013

14.

014

15.

015

16.

016

17.

017

18.

018

19.

019

20.

020

21.

021

22.

022

23.

023

24.

024

25.

Unaffiliated foreign persons
(5)

1

002

03.

Foreign parent group
(4)

025

000
000
000
000
000
000
000
000
000
000
000
000
000
000
000
000
000
000
000
000
000
000
000
000
000

$
4
4
4
4
4
4
4
4
4
4
4
4
4
4
4
4
4
4
4
4
4
4
4
4

000
000
000
000
000
000
000
000
000
000
000
000
000
000
000
000
000
000
000
000
000
000
000
000
000

$
5
5
5
5
5
5
5
5
5
5
5
5
5
5
5
5
5
5
5
5
5
5
5
5

000
000
000
000
000
000
000
000
000
000
000
000
000
000
000
000
000
000
000
000
000
000
000
000
000

26. If you reported sales of transaction code 42, other selected services n.i.e., you are required to specify the major type of service. in the line below. For all
other transaction codes, you are requested to provide a brief description of the transactions you are reporting.

035 0

NOTE — Use this overflow sheet if there is insufficient space on Form BE-120, Schedules A or B , to list every individual foreign country with which
you had transactions.
FORM BE-120 (REV. 06/2022)	

Page 41

OVERFLOW FOR  Schedule C  OF FORM BE-120,
BENCHMARK SURVEY OF TRANSACTIONS IN SELECTED SERVICES AND
INTELLECTUAL PROPERTY WITH FOREIGN PERSONS
(Only sales of construction services (transaction code 13) are to be reported on this schedule.)

Company Name

BE-120 Identification Number
Overflow Page# ____ of ____
REPORT IN THOUSANDS OF U.S. DOLLARS (e.g., report $1,334,891.00 as 1,335).
Foreign affiliates

BEA USE
ONLY

SALES TO
(Specify country)

01. Country total for this page
(sum of 02–25). . . . . . . . . . . . 

See page 13 for more information about reporting relationships

(2)

1

2

3

1

2

3

4

5

6

7

8

9

10

11

$

$

$

$

$

$

$

$

$

1

2

3

4

5

6

7

8

9

10

11

1

2

3

4

5

6

7

8

9

10

11

1

2

3

4

5

6

7

8

9

10

11

1

2

3

4

5

6

7

8

9

10

11

1

2

3

4

5

6

7

8

9

10

11

1

2

3

4

5

6

7

8

9

10

11

1

2

3

4

5

6

7

8

9

10

11

1

2

3

4

5

6

7

8

9

10

11

1

2

3

4

5

6

7

8

9

10

11

1

2

3

4

5

6

7

8

9

10

11

1

2

3

4

5

6

7

8

9

10

11

1

2

3

4

5

6

7

8

9

10

11

1

2

3

4

5

6

7

8

9

10

11

1

2

3

4

5

6

7

8

9

10

11

1

2

3

4

5

6

7

8

9

10

11

1

2

3

4

5

6

7

8

9

10

11

1

2

3

4

5

6

7

8

9

10

11

1

2

3

4

5

6

7

8

9

10

11

1

2

3

4

5

6

7

8

9

10

11

1

2

3

4

5

6

7

8

9

10

11

1

2

3

4

5

6

7

8

9

10

11

1

2

3

4

5

6

7

8

9

10

11

1

2

3

4

5

6

7

8

9

10

11

1

2

3

4

5

6

7

8

9

10

11

000

001

02.

002

03.

003

04.

004

05.

005

06.

006

07.

007

08.

008

09.

009

10.

010

11.

011

12.

012

13.

013

14.

014

15.

015

16.

016

17.

017

18.

018

19.

019

20.

020

21.

021

22.

022

23.

023

24.

024

25.

025

Unaffiliated foreign persons

Gross
operating
revenues
(3)

(1)

00. BEA USE ONLY __________

Foreign parent group

13

Goods
exports

Foreign
expenses

(4)
4

13

(5)
5

13

Gross
operating
revenues
(6)
6

13

Goods
exports

Foreign
expenses

(7)
7

13

(8)
8

13

Gross
operating
revenues
(9)
9

13

Goods
exports

Foreign
expenses

(10)
10

13

(11)
11

13

NOTE — Use this overflow sheet if there is insufficient space on Form BE-125, Schedule C , to list every individual foreign country with which you had
transactions.
Page 42

FORM BE-120 (REV. 06/2022)


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