Ownership of Foreign Assets May Require Filing of Form BE-10

If you own at least 10% of a foreign company or any foreign rental real estate, you are required to file a form BE-10 by May 29, 2020 [1]. The BE-10 is a survey conducted by the Bureau of Economic Analysis (BEA) every five years to gather economic data about U.S. companies and individuals’ investments outside of the United States. Important aspects of the requirement include:

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