Does licensing the rights to intellectual property go on the BE-22?

 

No. Royalties and license fees should be reported on form BE-25, Quarterly Survey of Transactions Between U.S. and Unaffiliated Foreign Persons in Selected Services and in Intangible Assets. Go to http://www.bea.gov/bea/surveys/be25.pdf to view the BE-25 and its reporting requirements.


View and print all FAQs related to the BE-22 survey (PDF)

 

We purchased services from a German company, but we sent the payments to a Swiss bank. How should we report this transaction on the BE-22?

Since your transaction was with a German entity, you should report this as a transaction with Germany. Where the money actually goes is irrelevant, even if you were to send your payments to a bank in the U.S. as a matter of convenience.


View and print all FAQs related to the BE-22 survey (PDF)