[Code of Federal Regulations]

[Title 15, Volume 3]

[Revised as of January 1, 2006]

From the U.S. Government Printing Office via GPO Access

[CITE: 15CFR801.7]



[Page 8-9]

 

                  TITLE 15--COMMERCE AND FOREIGN TRADE

 

    CHAPTER VIII--BUREAU OF ECONOMIC ANALYSIS, DEPARTMENT OF COMMERCE

 

PART 801_SURVEY OF INTERNATIONAL TRADE IN SERVICES BETWEEN U.S. AND 

FOREIGN PERSONS--Table of Contents

 

Sec. 801.7  General definitions.



    (a) Services means economic activities whose outputs are other than 

tangible goods. Such term includes, but is not limited to, banking, 

insurance, transportation, communications and data processing, retail 

and wholesale trade, advertising, accounting, construction, design, 

engineering, management consulting, real estate, professional services, 

entertainment, education, and health care.

    (b) United States, when used in a geographic sense, means the 

several States, the District of Columbia, the Commonwealth of Puerto 

Rico, and all territories and possessions of the United States.

    (c) Foreign, when used in a geographic sense, means that which is 

situated outside the United States or which belongs to or is 

characteristic of a country other than the United States.

    (d) Person means any individual, branch, partnership, associated 

group, association, estate, trust, corporation, or other organization 

(whether or not organized under the laws of any State), and any 

government (including a foreign government, the United States 

Government, a State or local government, and any agency, corporation, 

financial institution, or other entity or instrumentality thereof, 

including a government sponsored agency).

    (e) United States person means any person resident in the United 

States or subject to the jurisdiction of the United States.

    (f) Foreign person means any person resident outside the United 

States or subject to the jurisdiction of a country other than the United 

States.

    (g) Business enterprise means any organization, association, branch, 

or venture which exists for profitmaking purposes or to otherwise secure 

economic advantage, and any ownership of any real estate.

    (h) Unaffiliated foreign person means, with respect to a given U.S. 

person, any foreign person that is not an ``affiliated foreign person'' 

as defined in paragraph (i) of this section.



[[Page 9]]



    (i) Affiliated foreign person means, with respect to a given U.S. 

person--

    (1) A foreign affiliate of which the U.S. person is a U.S. parent; 

or

    (2) The foreign parent or other member of the affiliated foreign 

group of which the U.S. person is a U.S. affiliate.

    (j) Parent means a person of one country who directly or indirectly, 

owns or controls 10 per centum or more of the voting stock of an 

incorporated business enterprise, or an equivalent ownership interest in 

an unincorporated business enterprise, which is located outside that 

country.

    (k) Affiliate means a business enterprise located in one country 

which is directly or indirectly owned or controlled by a person of 

another country to the extent of 10 per centum or more of its voting 

stock for an incorporated business or an equivalent interest for an 

unincorported business, including a branch.

    (l) U.S. parent means the U.S. person that has direct investment in 

a foreign business enterprise.

    (m) Foreign affiliate means an affiliate located outside the United 

States in which a U.S. person has direct investment.

    (n) Foreign parent means the foreign person, or the first person 

outside the United States in a foreign chain of ownership, which has 

direct investment in a U.S. business enterprise, including a branch.

    (o) U.S. affiliate means an affiliate located in the United States 

in which a foreign person has a direct investment.

    (p) Affiliated foreign group means--

    (1) The foreign parent;

    (2) Any foreign person, proceeding up the foreign parent's ownership 

chain, which owns more than 50 per centum of the person below it up to 

and including that person which is not owned more than 50 per centum by 

another foreign person; and

    (3) Any foreign person, proceeding down the ownership chain(s) of 

each of these members, which is owned more than 50 per centum by the 

person above it.