Sentences with phrase «compliance as a burden»

While some organizations treat compliance as a burden that must be met, others are embracing the concept of a compliance culture.

Not exact matches

Proponents of an Internet sales tax point to free government - provided tax - calculating software as a way to reduce these compliance burdens.

These paperwork burden estimates, which are substantially derived from compliance with conditions that will apply after January 1, 2018, over the three - year ICR approval period, are summarized as follows:

Reducing the compliance burden for community banks has been identified as a top priority, but the lawmakers are also discussing ways to free bigger regional lenders from some of the strictest post-crisis regulations.

However, the organization says it is concerned «that there be a timely and orderly transition to products which meet the new standard so as to ensure enough product in the marketplace by the compliance date, without the burden of re-testing already safe product.»

President - elect Nana Addo Dankwa Akufo - Addo further pledged to reduce the tax burden on the private sector through lower corporate tax and the removal of import duties and VAT from some items while relying on revenue measures such as improving tax compliance, improving the quality of public finance administration and higher oil and gas production to finance these tax cuts.

However, demonstrating compliance with these federal fiscal requirements — for example, comparability, in which districts must show that they provide «comparable services» in high and low poverty schools through state and local dollars — as well as the specific rules that govern each federal program, can introduce unnecessary burdens that distract from the overall goal of providing additional support to low - income schools and disadvantaged students.

Further, given the enormous compliance burdens facing public schools, the Title I director or the special education supervisor may not be on the same page as the office of curriculum and instruction or the director of human resources.

If compliance creates an administrative burden on the charter, then the ASBCS should facilitate the bidding for them as schools have similar needs for which they would need to procure bids.

In our experience, the foreign clients are also very apprehensive about the general compliance burden and more specifically labour and employment, as well as corporate compliances that a company is expected to adhere to.

«With regulations such as Dodd - Frank, MAR, and MiFID II, capital market participants face the increasing burden of both interpreting the impact of regulations and demonstrating they are properly enforcing policies,» said Lionel Grosclaude, senior vice president, Risk & Compliance at IPC.

As an internationally - recognised exchange situated in the London time zone applying generally applicable London market norms with recognised expertise particularly in relation to debt securities but without the additional regulatory compliance burden of MAR, TISE has seen a 50 % increase in year - on - year debt listings.

They already have to deal with a complex web of rules such as the Income Tax Act, as well as regulations that vary from province to province, so this adds to that compliance burden.

But many non-profits don't have the same resources or sophisticated technology as private businesses and rely heavily on volunteers, so the administrative burden and cost of compliance is expected to be significant.

Second, it unilluminatingly casts a general cloud of suspicion over legal practices beyond the state that are imagined as fragmentized, deficient legitimacy-wise and burdened by problems of compliance (call this «faux realism»).

KEY ACHIEVEMENTS • Introduced the Paycom system, which decreased payroll processing time by 60 % • Implemented a set of complex business controls and audit trails for payroll transactions • Suggested monthly payroll administration as opposed to weekly payrolls which reduced constant burden on the payroll team • Trained 3 sets of payroll employees in compliance and company policies regarding payroll administration

In compliance with Section 508 of the Rehabilitation Act, we have endeavored to make our website as accessible as possible, less any undue burden that would be imposed on us.

In light of the IRS's unique role as the federal revenue collector, the National Taxpayer Advocate recommends that Congress develop new budget procedures designed to fund the IRS at a level that will enable it to meet taxpayer needs and maximize tax compliance, with due regard for protecting taxpayer rights and minimizing taxpayer burden.

According to the Mortgage Bankers Association, between 2010 and 2017, mortgages took 70 percent longer to close and origination costs skyrocketed 80 percent as the burden of regulatory compliance grew.