Chapter 12 Flashcards
1
Q
Advertisements and promotional material or activity prepared or produced by a member or firm must not what?
A
- Reflect adversely on the CIOT/ATT
- Discredit the services offered by others
- Be misleading either directly or by implication
- Fail to comply with any regulatory or legislative requirement
- Breach client confidentiality
- Amount to harassment
2
Q
How can an advertisement be directly misleading?
A
Contain false or exaggerated information
3
Q
Under the Standards for Tax Planning in PCRT a member must not what?
A
Promote tax planning arrangements or structures that are illegal / highly artificial
4
Q
Can a member use CIOT or ATT in their advertisments?
A
Yes only if are authorised to do so
5
Q
How should fees be presented in promotional material?
A
The basis on which fees are calculated shouldn’t be misleading