Webinar | June 12, 2015
The U.S. Bureau of Economic Analysis (BEA) requires reporting from U.S. persons and businesses holding a 10% or greater interest in a foreign business enterprise, and U.S. business enterprises that are themselves 10% or more foreign owned.
BEA reporting is required on both a periodic and transactional basis, and is dependent upon the particular reporting requirements for each U.S. person or business that held an ownership interest in a foreign business in 2014. This report is mandatory for U.S. persons and businesses holding a 10% or greater interest in a foreign business enterprise irrespective of business size.
Amy D'Agostino of Chadbourne & Parke, LLP and Christopher Schultz of Porzio Compliance Services, LLC will give a primer on BEA compliance and the BEA's quarterly, annual, 5-year and transactional reporting obligations for both U.S. investment abroad and foreign investment into the U.S.