Reporting Revenues in Item 5

Item 5 requires reporting revenues for the most recent year, using the 2017 North American Industry Classification System (NAICS) 6-digit non-manufacturing and manufacturing codes and the 2017 North American Product Classification System (NAPCS) 10-digit codes.

Filing persons must report manufacturing revenues using the 10-digit NAPCS code(s) and the associated 6-digit NAICS code(s) (NAICS sectors 31-33). 6-digit NAICS codes must be in ascending order. List 10-digit NAPCS code(s) in ascending order directly below the associated 6-digit NAICS manufacturing code(s).

If there is only a 6-digit NAICS code overlap, filers should only check the overlap box for that code. If there is 10-digit NAPCS code overlap, filers should check the overlap box for the 10-digit NAPCS code(s) and the overlap box for the 6-digit NAICS code.

Remember that the 10-digit NAPCS code revenues should equal the revenues reported for the associated 6-digit NAICS code.

For products manufactured in the U.S.:

  • Report revenues in a 10-digit NAPCS code and associated 6-digit NAICS code, even if the manufactured products are sold from a different establishment than the manufacturing facility.

For products manufactured outside the U.S. and delivered into the U.S.:

  • Report only US revenues using the relevant 10-digit NAPCS code and associated 6-digit NAICS code.
  • Report the sale of foreign manufactured products delivered to a controlled entity (i.e., intracompany) located in the U.S. 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 purchase at the wholesale/retail price
  • Report revenues only in a 10-digit NAPCS code and associated 6-digit 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 that 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 the 6-digit NAICS 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.