Should I net losses against premiums?
No. Please report on a gross value basis.
BEA Survey Questions
Should I report on an accrual basis or cash/settlement basis?
All transactions should be reported on an accrual basis.
My company has insurance transactions with the U.S. affiliate of a foreign company. Are these transactions reportable on the BE-140?
No. U.S. affiliates or subsidiaries of foreign companies are considered U.S. persons for the purposes of this survey. Any transactions between your company and other U.S. persons are not applicable to the BE-140.
My company has insurance transactions with our foreign parent. Are these transactions reportable on the BE-140?
Yes. Transactions with your company’s foreign parent are considered foreign transactions and should be reported on the BE-140 survey. Reinsurance transactions should be reported on Schedule A2. Primary insurance and auxiliary insurance transactions should be reported on Schedule B2.
My company has insurance transactions with one of our foreign affiliates. Is this reportable?
Yes. Transactions with your company’s foreign affiliates are considered foreign transactions and should be reported on the BE-140 in the sections marked Foreign Affiliates.
Do I need to submit a hard copy of the BE-140 form if I am submitting the form by fax or eFile?
No. A single submission, whether by mail, fax, or eFile, is sufficient.
How do I obtain a blank copy of the survey?
- Go to www.bea.gov/be140 to download a .pdf or .xlsx copy of the survey.
- Send an email to be-140@bea.gov for a .pdf and .xlsx version of the survey.
The address and the contact person listed are no longer current. How do I update this information?
- If you are filing using the eFile system, you may update the information directly on the Survey Report Homepage.
- If you are submitting a paper copy, you may cross out the incorrect information at the top of the front page of the survey (for those who were mailed a printed version of the survey) and write in the new address and contact name.
- If you only received a letter from BEA:
How should I file the survey?
- File securely online at www.bea.gov/efile.
- Mail via U.S. postal service:
Bureau of Economic Analysis
Balance of Payments Division, BE-50 (SSB)
4600 Silver Hill Rd.
Washington, DC 20233 - Send via private express delivery:
Bureau of Economic Analysis
Balance of Payments Division, BE-50 (SSB)
4600 Silver Hill Rd.
Suitland, MD 20746 - Fax reports to (301) 278-9506
How do I request a filing extension?
For the efficient processing of the survey and timely dissemination of the results, it is important that your report be filed by the due date. Nevertheless, reasonable requests for extension of the reporting deadline will be granted. Requests for an extension of more than 30 days must be in writing and should explain the basis for the request. You may request an extension via email at BE-140extension@bea.gov or fax the request to (301) 278-9506. All requests for extensions must be received no later than the due date of the report.