A BE-12 report is required for each U.S. affiliate, i.e., for each U.S. business enterprise (including real estate held for non-personal use) in which a foreign person or entity owned or controlled, directly or indirectly, 10 percent or more of the voting securities if an incorporated U.S. business enterprise, or an equivalent interest if an unincorporated U.S. business enterprise, at the end of the business enterprise's fiscal year that ended in calendar year 2017. Certain private funds may be exempt from filing; see item (f) of the BE-12 Claim for Not Filing for more information.
A response is required from entities subject to the reporting requirements, whether or not contacted by BEA. If you were notified to file but do not meet the filing requirement shown above, you must complete and submit a BE-12 Claim for Not Filing. The BE-12 Claim for Not Filing can be accessed from www.bea.gov/surveys/be12.
If you are unsure if you meet the filing requirements, contact us at email@example.com for further assistance. Please have an organizational chart available detailing your ownership structure.