As you may be aware, May 29, 2015 was the deadline for certain filings on Form BE-10 required by the U.S Bureau of Economic Analysis. The filings must be made by any U.S. person that had a “foreign affiliate” in 2014, which means direct or indirect ownership or control of at least 10% of the voting stock of a foreign enterprise. “U.S. person” includes U.S. companies, companies incorporated in a foreign jurisdiction but operating in the U.S., and most individuals residing in the U.S. with a direct ownership interest in a foreign affiliate.

If you are required to file but did not do so before the deadline, we have secured an automatic extension for all Fenwick clients that are first-time filers until June 30, 2015. We have included below links to the Form BE-10 instructions and the various BE-10 forms. Please reference the “Fenwick & West Extension” when submitting the forms.

Form BE-10 instructions:

https://www.bea.gov/surveys/pdf/be10/BE-10%20Instructions.pdf

To access the BE-10 Forms:

http://www.bea.gov/surveys/respondent_be10.htm ​​​​​​​​​​​​