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FORMBE120OMB No. 06080058: Approval Expires 04/30/2021(REV. 03/2018)BE120 Identification Number2017 BENCHMARK SURVEY OF TRANSACTIONS IN SELECTED SERVICES AND INTELLECTUAL PROPERTY WITH FOREIGN PERSONS FORM.

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How to fill out the 2017 Benchmark Survey Of Transactions In Selected Services And Intellectual Property online

This guide provides clear, step-by-step instructions on how to complete the 2017 Benchmark Survey Of Transactions In Selected Services And Intellectual Property with foreign persons online. Users of all experience levels can effectively navigate the form with the assistance of this comprehensive overview.

Follow the steps to successfully fill out your form.

  1. Press the ‘Get Form’ button to obtain the form for the 2017 Benchmark Survey, and then open it in the relevant editing area.
  2. Fill in the identification number assigned to the BE-120 and ensure the due date, which is June 29, 2018, is noted.
  3. Provide the name and address of the U.S. reporter accurately, including the company name, attention (if applicable), address, city, state, and zip code.
  4. Complete the identification section by indicating the reporting period for your U.S. Reporter, including the beginning and ending dates of the fiscal year 2017.
  5. Specify the status of the U.S. Reporter during the reporting period and whether it was owned more than 50 percent by another U.S. entity.
  6. Enter the primary Employer Identification Number (EIN) used for filing U.S. income or payroll taxes.
  7. Using the NAICS classifications provided, enter the 4-digit code that best describes the primary sales activity of the consolidated domestic U.S. Reporter.
  8. Disclose total sales and purchases for intellectual property and selected services according to the relevant transaction codes in Tables 1 and 2.
  9. Gather any additional required country and affiliation detail for transactions exceeding specified thresholds and fill in Schedules A, B, C, D, or E as applicable.
  10. Finally, once you have entered all required data, save your changes, download the form, print it, or share it as needed.

Complete your BE-120 form online today to ensure compliance and contribute to important economic data.

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Responding to these surveys is typically mandatory, and the obligation to respond applies even if the business or individual was not contacted by BEA.

All U.S. businesses in which a foreign person directly or indirectly held, at any time during FY 2022, 10% or more of the business' voting securities (subject to certain consolidation requirements) must file a Form BE-12 this year.

Responding to these surveys is typically mandatory, and the obligation to respond applies even if the business or individual was not contacted by BEA.

BEA's surveys of foreign direct investment (FDI) in the United States collect information that is used to compile statistics on the scale of foreign-owned business activities in the United States and the effects these activities have on the U.S. economy.

Additionally, while there is some overlap between the two surveys, the BE-120 collects additional information not covered by the BE-125 survey. Any revisions or adjustments to transactions not reported on your 2022 BE-125 filings should be made on the 2022 BE-120.

The Bureau of Economic Analysis (“BEA”) is collecting the Form BE-120 Benchmark Survey of Transactions in Selected Services and Intellectual Property with Foreign Persons. The survey is intended to gather data on transactions in selected services and intellectual property types between U.S. and foreign persons.

What We Do. BEA's economists produce some of the world's most closely watched statistics, including U.S. gross domestic product, better known as GDP. We do state and local numbers, too, plus foreign trade and investment stats and industry data.

BEA is an independent, principal federal statistical agency that promotes a better understanding of the U.S. economy by providing timely, relevant, and accurate economic accounts data in an objective and cost-effective manner.

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© Copyright 1997-2025
airSlate Legal Forms, Inc.
3720 Flowood Dr, Flowood, Mississippi 39232
Form Packages
Adoption
Bankruptcy
Contractors
Divorce
Home Sales
Employment
Identity Theft
Incorporation
Landlord Tenant
Living Trust
Name Change
Personal Planning
Small Business
Wills & Estates
Packages A-Z
Form Categories
Affidavits
Bankruptcy
Bill of Sale
Corporate - LLC
Divorce
Employment
Identity Theft
Internet Technology
Landlord Tenant
Living Wills
Name Change
Power of Attorney
Real Estate
Small Estates
Wills
All Forms
Forms A-Z
Form Library
Customer Service
Terms of Service
Privacy Notice
Legal Hub
Content Takedown Policy
Bug Bounty Program
About Us
Help Portal
Legal Resources
Blog
Affiliates
Contact Us
Delete My Account
Site Map
Industries
Forms in Spanish
Localized Forms
State-specific Forms
Forms Kit
Legal Guides
Real Estate Handbook
All Guides
Prepared for You
Notarize
Incorporation services
Our Customers
For Consumers
For Small Business
For Attorneys
Our Sites
US Legal Forms
USLegal
FormsPass
pdfFiller
signNow
altaFlow
DocHub
Instapage
Social Media
Call us now toll free:
+1 833 426 79 33
As seen in:
  • USA Today logo picture
  • CBC News logo picture
  • LA Times logo picture
  • The Washington Post logo picture
  • AP logo picture
  • Forbes logo picture
© Copyright 1997-2025
airSlate Legal Forms, Inc.
3720 Flowood Dr, Flowood, Mississippi 39232