Reporting Revenues in Item 5

Item 5 involves reporting revenues for the most recent year only, using the 2012 North American Industry Classification System (NAICS) 6-digit non-manufacturing codes and the 2012 Numerical List of Manufactured and Mineral Products 10-digit manufacturing codes (NAICS sectors 31-33). Some 10-digit NAICS manufacturing codes end in double zero and these codes should be reported in Item 5 in this double zero form. Be sure to arrange codes in ascending numerical order.

The U.S. Census Bureau is transitioning to a new system and PNO will wait until that system is fully functional before switching from the 2012 NAICS codes. Please check the PNO main page for further announcements.

For products manufactured in the US:

Report revenues in a 10-digit NAICS manufacturing code (NAICS sectors 31-33) whether sold to a US customer or a foreign customer

  • Report revenues only in a 10-digit NAICS manufacturing code (NAICS sectors 31-33), not a 10-digit manufacturing code and a 6-digit wholesale or retail NAICS code, even if the manufactured products are sold from a different establishment than the manufacturing facility

For products manufactured outside the US and sold into the US:

Report only US revenues using the relevant 10-digit NAICS manufacturing code(s) (NAICS sectors 31-33)

  • Report the sale of foreign manufactured products to a controlled US entity at the transfer price, if the transfer price is reasonably obtainable (otherwise use the wholesale/retail price)
  • Report the sale of foreign manufactured products to a non-controlled US entity or US direct purchaser at the wholesale/retail price
  • Report revenues only in a 10-digit NAICS manufacturing code (NAICS sectors 31-33), not a 10-digit manufacturing code and a 6-digit wholesale or retail NAICS code, even if the manufactured products are sold from a different establishment than the manufacturing facility
  • In the case of foreign-to-foreign sales, report only the revenue from those sales which result in manufactured products being sold in the US through a controlled entity within the filer or to a US customer of the filer

Where revenues are derived from products manufactured by third parties under contract, report only those revenues from products that are then sold in the US from the filer’s establishment, and use a 6-digit retail or wholesale code. Note that the sale of foreign manufactured products into the US should be reported in Item 5 regardless of where title and/or risk of loss pass, assuming the filer can reasonably identify and quantify those sales.

For non-manufacturing operations:

Report revenues derived from US operations in a 6-digit NAICS non-manufacturing code whether sold to a US customer or a foreign customer