[Federal Register: July 7, 2003 (Volume 68, Number 129)]
[Notices]
[Page 40240-40241]
From the Federal Register Online via GPO Access [wais.access.gpo.gov]
[DOCID:fr07jy03-48]
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DEPARTMENT OF COMMERCE
Bureau of Economic Analysis
Proposal To Collect Information on Annual Survey of Royalties,
License Fees, and Other Receipts and Payments for Intangible Rights
Between U.S. and Unaffiliated Foreign Persons
ACTION: Proposed collection; comment request.
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SUMMARY: The Department of Commerce, as part of its continuing effort
to reduce paperwork and respondent burden, invites the general public
and other Federal agencies to comment on proposed and/or continuing
information collections, as required by the Paperwork Reduction Act of
1995, Public Law 104-13 (44 U.S.C. 3506(c)(2)(A)).
DATES: Written comments must be submitted on or before September 5,
2003.
ADDRESSES: Direct all written comments to Diana Hynek, Departmental
Paperwork Clearance Officer, Office of the Chief Information Officer,
Department of Commerce, Room 6625, 14th and Constitution Avenue, NW.,
Washington, DC 20230, or via the Internet at dHynek@doc.gov.
FOR FURTHER INFORMATION CONTACT: Requests for additional information or
copies of the information collection instruments and instructions
should be directed to: Obie G. Whichard, U.S. Department of Commerce,
Bureau of Economic Analysis, BE-50 (OC), Washington, DC 20230, or via
the Internet at Obie.Whichard@bea.gov (Telephone: 202-606-9890).
SUPPLEMENTARY INFORMATION:
I. Abstract
The Annual Survey of Royalties, License Fees, and Other Receipts
and Payments for Intangible Rights Between U.S. and Unaffiliated
Foreign Persons (Form BE-93) obtains information on transactions in
intangible rights between U.S. and unaffiliated foreign persons. The
information gathered is needed, among other purposes, to support U.S.
trade policy initiatives and to compile the U.S. international
transactions, input-output, and national income and
[[Page 40241]]
product accounts. No changes are proposed for Form BE-93.
II. Method of Collection
Form BE-93 will be sent each year to potential respondents in
January and responses are due by March 31. A U.S. person that has
transactions in intangible rights with unaffiliated foreign persons is
required to report if total covered receipts or covered payments are
more than $2 million during the covered year. A U.S. person that
receives a form but is not required to report data must file an
exemption claim.
III. Data
OMB Number: 0608-0017.
Form Number: BE-93.
Type of Review: Regular submission.
Affected Public: U.S. businesses or other for-profit institutions.
Estimated Number of Respondents: 650 annually.
Estimated Time Per Response: 4 hours.
Estimated Total Annual Burden: 2,600 hours.
Estimated Total Annual Cost: $78,000 (based on an estimated
reporting burden of 2,600 hours and estimated hourly cost of $30).
Respondent's Obligation: Mandatory.
Legal Authority: Title 22, U.S.C., Sections 3101-3108.
IV. Request for Comments
Comments are invited on: (a) Whether the proposed collection of
information is necessary for the proper performance of the functions of
the agency, including whether the information has practical utility;
(b) the accuracy of the agency's estimate of the burden (including
hours and cost) of the proposed collection of information; (c) ways to
enhance the quality, utility, and clarity of the information to be
collected; and (d) ways to minimize the burden of the collection of
information on respondents, including through the use of automated
collection techniques or other forms of information technology.
Comments submitted in response to this notice will be summarized
and/or included in the request for OMB approval of this information
collection; they will also become a matter of public record.
Dated: July 1, 2003.
Madeleine Clayton,
Management Analyst, Office of the Chief Information Officer.
[FR Doc. 03-17049 Filed 7-3-03; 8:45 am]
BILLING CODE 3510-06-P