Issuing LLC units to investors will likely invoke application of federal and state securities laws, so you need to get good legal advice to properly employ a "private placement exemption" from the burdensome filing requirements.
These obstacles range from socioeconomic disincentive for an employee to inform the employer of a health problem, to physician lack of knowledge about or reluctance to follow the burdensome filing procedures.
It adds a burdensome new tax filing for those with overseas accounts valued above certain thresholds and makes it harder for expatriates to do business in their adopted countries.
It is possible for small issuers – for example, those wishing to raise $20 million or less – to migrate to Tier 2. While this migration solves the small issuer's state registration problems, it generates exceedingly more burdensome and expensive filing and disclosure requirements, which in most cases will practically foreclose small issuers from the Tier 2 option.
The corporate opponents of easy filing have made an ideological alliance with anti-tax activists such as Grover Norquist, whose purpose presumably is to keep tax-filing burdensome to bolster anti-IRS and anti-government sentiment. .
But, unless Treasury uses the authority it has and acts, these impoverished beneficiaries with total and permanent disabilities will be required to file complicated and burdensome forms to obtain the relief on a case by case basis, if they even are aware they are entitled to it.
As long as the return filing obligation is not unduly burdensome which it would not be under the Panel's simplification proposals a filing obligation has significant civic virtues.
And anecdotal evidence suggests that electronic record keeping, which has increased the paper trail left by scientists, is making it easier for members of the public to file overly broad and burdensome requests, the UCS report finds.
John Byrne, former head of compliance at the American Bankers Association, recently told congressional committees that regulatory requirements for dealing even with legit money-transfer services had become so burdensome for banks that they were filing suspicious-activity reports at every turn and shutting down remittance accounts.
But in its S-1 filing with the Securities and Exchange Commission, Spirit cited "burdensome consumer protection regulations" as a risk factor for its business model, saying, "We are evaluating the actions we will be required to take to implement these rules, and we believe it is unlikely that we will be able to meet the 2012 compliance deadline in every respect".
"We believe that the proposal is unduly burdensome and not necessary," it said in a public filing, recommending a vote against the proposition.
