As of the quarter ending 6/30/2026, a Form BE-605 must be filed for each 1) directly-owned U.S. affiliate for which total assets; annual sales or gross operating revenues, excluding sales taxes; or annual net income after provision for U.S. income taxes was greater than $500 million (positive or negative) at any time during the affiliate’s fiscal reporting year and each 2) indirectly-owned U.S. affiliate that met the $500 million threshold and had an intercompany debt balance with the affiliated foreign group. For the quarters ending on or before 3/31/26, the filing threshold was $60 million. If a U.S. affiliate has been contacted by BEA but does not meet the filing threshold, it can claim exemption by completing Part VII of the BE-605 form.
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Page last modified on 10/1/26