How should transactions with international organizations be reported on the BE-120?

International organizations (such as the United Nations, the World Bank, and the International Monetary Fund) are, according to balance of payments conventions, considered foreign entities, even if they are headquartered in the United States. Transactions in services with these organizations should be reported on the BE-120. Select or enter “International organizations” on Schedules A, B, or C and enter the data for each transaction type for which you had transactions.

Should I report all services not otherwise listed on the BE-120 under service code 42, other selected services?

Other selected services include all services transactions that are not separately listed and are not specifically excluded. This category excludes receipts for financial services (which are covered on a separate BEA survey); income on financial instruments (including interest, dividends, capital gains, etc.); taxes, penalties and fines, gifts or grants; and transportation or travel-related services provided to individual travelers (including hotel accommodation and restaurant meals).

See survey instructions for definitions of the covered services.

My company has been hired by the U.S. Government to provide educational and training services to organizations located abroad. Are such transactions reportable on the BE-120?

Grants to perform services abroad must be reported in the year that they are accrued if they are from U.S. Government nonmilitary agencies, such as the Agency for International Development and the United States Information Agency, or that are part of an aid or technical cooperation program of the Government with foreign persons. However, do not report services provided to the U.S. Department of Defense or any of its agencies, such as the Army Corp of Engineers.

I believe I am exempt from filing data on Schedule A and/or B of the BE-45 survey. What do I do?

Complete the survey through question 9 on page 6 indicating your company either did not have any reportable transactions, or that its transactions fell below the survey’s mandatory reporting threshold, then mail or submit the form per the filing instructions on page 1.