The U.S. Commerce Department’s Bureau of Economic Analysis (BEA), a principal statistical agency tasked with collecting various U.S. economic data, including data on U.S. direct investment abroad, has informed first time filers that they have until June 30, 2015 to file the BE-10 Benchmark Survey of U.S. Direct Investment Abroad (“BE-10”).

Essentially, this extension benefits those first time filers who must file less than 50 foreign affiliate forms, as the original deadline for such filings was May 29, 2015. First time filers who must file 50 or more foreign affiliate forms are already required to make the filing by June 30, 2015. Notably, filers who are in the BEA system, or those who made filings with BEA in the past, and those contacted by BEA remain subject to existing filing deadlines.