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What is the BE-10 Benchmark Survey?

If you have foreign investments, the BE-10 benchmark survey is mandatory — learn who must file, how to comply, and avoid costly penalties.

For individuals and entities with investments abroad, the Bureau of Economic Analysis (BEA) requires the completion of the BE-10 Benchmark Survey every five years. The next deadline is May 30, 2025, for those with fewer than 50 foreign affiliates. This comprehensive guide will help you understand the requirements, determine if you need to file, and ensure compliance to avoid penalties. 

What Is the BE-10 Benchmark Survey?

The BE-10 is a mandatory survey conducted by the BEA to collect data on U.S. direct investments abroad. It offers essential insights into the magnitude and effects of U.S. business operations abroad, guiding policymakers, researchers, and business leaders. The survey is conducted every five years, with the next due date being May 30, 2025, for most filers.

Who Must File?

U.S. persons, including individuals, corporations, partnerships, and other entities, who had a 10% or greater direct or indirect ownership interest in a foreign business enterprise at the end of their 2024 fiscal year are required to file the BE-10 survey. This includes entities with one or more reportable foreign affiliates. 

Key Filing Deadlines

  • May 30, 2025: Deadline for U.S. reporters who need to file fewer than 50 forms BE-10B, BE-10C, and/or BE-10D.
  • June 30, 2025: Deadline for U.S. reporters who are required to file 50 or more of these forms.

How to File

Filers can submit the required forms electronically via the BEA’s e-filing system or by mail or fax. First-time filers must obtain a BEA reporter ID number before submission, which can be acquired through the BEA e-filing system.

Requesting an Extension

If you require more time to file, you may request an extension for valid reasons. This request must be submitted electronically via the BEA e-filing system before the May 30 deadline. The BEA will review the details provided and issue a written response indicating the approved extension period.

Penalties for Non-Compliance

Failure to file the BE-10 survey can result in significant penalties, including fines and, in some cases, imprisonment. It’s crucial to assess your filing obligations and ensure timely submission to avoid these consequences. 

Bottom-line

The BE-10 Benchmark Survey is a critical tool for understanding U.S. investments abroad. If you or your clients have a 10% or greater interest in foreign business enterprises, it’s essential to prepare for the May 30, 2025, filing deadline. Consult with a qualified advisor to ensure compliance and avoid potential penalties.

Note: This blog post is for informational purposes only and does not constitute legal or financial advice. It is recommended to seek advice from a qualified professional for guidance tailored to your specific circumstances.”



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