- Property Management
Reporting to the Bureau of Economic Analysis is Required when all foreign investments in U.S. business enterprises in which a foreign person or foreign corporation owns a ten-percent-or-more voting interest (or the equivalent) are subject to reporting, including all ownership of real estate, improved and unimproved, other than for personal use. Reporting to the Bureau of Economic Analysis (BEA) is required pursuant to the International investment and Trade in Services Survey Act. For non-resident individuals or foreign corporations with interest in U.S. real property the required reporting is as follows:
Please your accountant for assistance.
Courtesy of: Harding Bell International