D.4. European Union practice
15.50. In the European statistics, special purpose entities are relevant for both inward and outward FATS. The Eurostat FATS Recommendations Manual further clarifies that “they should be excluded from the target populations of statistical or reporting units only if they had no turnover and no employment during the reporting period.”
15.51. There is no single approach to how SPEs should be treated, even though the main principle to be followed is that the SPEs should not be automatically excluded from the target population, as they carry out important economic transactions with their respective parents or associated enterprises. SPEs should be excluded only if they had no turnover and no employment during the reference period.
Next: D.5. Other considerations