If CPAs anticipate that their external service provider will disclose
confidential client information to persons or entities outside the U.
The second prohibition prevents an adviser from advertising past, specific investment recommendations that were or would have been profitable, unless the ad fully discloses
all recommendations for at least the past year (including the security recommended; the date, price and nature of the recommendation (buy, sell or hold); the price triggering the recommendation; and most recent price) and includes a mandated cautionary legend.
If the taxpayer does not adequately disclose
this information on Form 709, United States Gift (and Generation-Skipping Transfer) Tax Return, the IRS can make an assessment, even after death.
The taxpayer can bring a civil damage action against the United States "if any officer or employee of the United States knowingly, or by reason of negligence, discloses
any return or return information with respect to a taxpayer in violation of any provision of section 6103.
Depository institutions would have to disclose
rate and cost information in advertisements, to provide more detailed rate and cost information in a schedule, and to inform account holders when terms are changed.
The regulation required labels to disclose
how much juice the beverage contains.
The company also discloses
that it has no intention to have a "reverse split" of the stock at this time.
The policy also explains how and where inquirers can obtain information on the privacy practices, such as what data the entity discloses
to related businesses or third parties and for what reasons.
2002-2, outlining a new initiative to encourage taxpayers to disclose
their involvement in tax shelters in exchange for a waiver of accuracy-related penalties under Sec.
According to the AICPA Code of Professional Conduct, "A member in public practice shall not disclose
any confidential client information without the specific consent of the client (emphasis added).
Mudslides and landslides only occur at locations which the Ladwein Map discloses
as a weak zone.
Tippees are people with no fiduciary obligation to the company to whom an insider discloses
material nonpublic information.
Therefore, if a taxpayer reports a transfer on a gift tax return that he believes to be a completed gift but later turns out to be an incomplete gift, and he discloses
the transfer as required under the regulation, the transfer would be included in the donor's gross estate, only to the extent that a completed gift would be so included.
RTI first discloses
the recent change to its supplemental executive retirement plan, known as the RTI Supplemental Pension Program, in an exhibit to its 2003 annual report.
Caution: If a non-CEP taxpayer is contacted by the Service for an examination before the taxpayer discloses
a given position, it is too late to disclose
on a qualified amended return.