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WASHINGTON — The Obama administration on Thursday issued a new set of proposed rules governing hydraulic fracturing for oil and gas on public lands, moving further to address industry concerns about the costs and reporting burdens of federal regulation.
But the Foreign Account Tax Compliance Act, or Fatca, as it is known, is now causing alarm among businesses outside the United States that fear they will have to spend billions of dollars a year to meet the greatly increased reporting burdens, starting in 2013.
To the Ministry of Agriculture, however, pastoralists are simply regular farmers upon whom great bureaucratic and reporting burdens are placed.
To make real progress, they insist, Congress will have to impose new reporting burdens on law-abiding businesses.
"However, many will be concerned that the introduction of a universal register of beneficial ownership could create unintended consequences for law-abiding businesses, such as increased regulatory and reporting burdens.
In addition to these reporting burdens, firms must prove to their regulators and to government offices with which they do business that they are meeting or working toward racial and gender hiring guidelines.
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VAT becomes a reporting burden for producers with exemptions and a financial burden if refunds of VAT credits are not timely.
This commonly led to poor use of resources, substantial reporting burden through the myriad of reporting requirements and regular duplication of effort between the Commonwealth and the State.
Reporting burden upon countries must be minimal, and methods advised should be applicable locally and nationally, as well as at the global level.
In making the announcement, the EPA said it was "exploring an approach that would minimize reporting burden and costs, take advantage of existing information, and avoid duplication of efforts.
The selected articles were categorised into qualitative studies reporting burden from the patient perspective and articles reporting humanistic and economic burden data.
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CEO of Professional Science Editing for Scientists @ prosciediting.com