The Tax Council Policy Institute
is a non-profit, non-partisan, 501(c)(3) public policy research and educational organization.
Reinforcing this change in expectation of the tax function was a Tax Council Policy Institute
(TCPI) survey of tax directors, in which 83% of the respondents stated that "avoiding a financial statement error" was among their most important priorities; see TCPI 7th Annual Tax Policy and Practice Symposium, "The Corporate Tax Practice in the Age of Transparency: A Path Forward," 84 Taxes 33 (June 2006).
Survey results released by the Tax Council Policy Institute
last February showed that 53 percent of Fortune 500 companies had received requests from their outside auditors for privileged documents in the past two years.
He next referred to a recent tax policy conference on capitalization issues sponsored by the Tax Council Policy Institute
and suggested that the time may be ripe for IRS and Treasury to issue guidance resolving capitalization issues on a more global basis.
In early February, the Tax Council Policy Institute
sponsored a two-day program entitled "INDOPCO: Past, Present, and Future,' which featured presentations by several TEI members (including Margaret Curry, Hal Gann, and Joe Luby, as well as Timothy McCormally from TEI's legal staff) and which the Institute itself helped promote.