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Is Your U.S. Company Required to File Form BE-120 by July 31, 2018?

June 25, 2018 – U.S. Companies That Sold, Purchased or Licensed IP or Professional Services with Foreign Persons or Entities in 2017 Take Note: Form BE-120 is Due July 31, 2018.

The U.S. Department of Commerce Bureau of Economic Analysis (“BEA”) conducts surveys to gather economic statistics related, among other things, to international transactions involving certain covered intellectual property transactions and certain covered professional services with foreign entities.

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Companies with Certain Foreign Owners Take Note: Form BE-12 is Due May 31, 2018

The  U.S. Department of Commerce Bureau of Economic Analysis (“BEA”) conducts surveys to gather economic statistics related, among other things, to foreign direct investment in the United States.

Pursuant to the International Investment and Trade in Services Act ( the “Act”),  the BEA conducts, among other things, five-year benchmark surveys with respect to foreign direct investments in the United States.

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