Tax Executives Institute
Encyclopedia
Tax Executives Institute (TEI) is a non-profit, international association of business executives responsible for the tax affairs of their employers.
Founded in 1944 by a group of 15 prominent corporate tax executives in New York City, TEI has grown to more than 7,000 members in 54 worldwide chapters representing 3,000 of the leading businesses in the United States
, Canada
, Europe
, and Asia
. Approximately 10 percent of the Institute's members are affiliated with Canadian corporations. In 1999, TEI founded its first chapter in Europe, and a chapter in Asia in 2005.
The mission of TEI is to enhance and improve the tax system and to serve its members, their employers, and society generally by facilitating interaction among, and the training of, members and their staffs, by effectively advocating its members’ views, and by promoting competence and professionalism in both the private and government sectors.
TEI plays a major role in tax advocacy
, working to improve tax policy and administration in the countries in which its members reside.
The UK-based publication 'Tax Business' magazine recently described TEI members as the “biggest, richest, and most influential group of taxpayers in the world.”
Founded in 1944 by a group of 15 prominent corporate tax executives in New York City, TEI has grown to more than 7,000 members in 54 worldwide chapters representing 3,000 of the leading businesses in the United States
United States
The United States of America is a federal constitutional republic comprising fifty states and a federal district...
, Canada
Canada
Canada is a North American country consisting of ten provinces and three territories. Located in the northern part of the continent, it extends from the Atlantic Ocean in the east to the Pacific Ocean in the west, and northward into the Arctic Ocean...
, Europe
Europe
Europe is, by convention, one of the world's seven continents. Comprising the westernmost peninsula of Eurasia, Europe is generally 'divided' from Asia to its east by the watershed divides of the Ural and Caucasus Mountains, the Ural River, the Caspian and Black Seas, and the waterways connecting...
, and Asia
Asia
Asia is the world's largest and most populous continent, located primarily in the eastern and northern hemispheres. It covers 8.7% of the Earth's total surface area and with approximately 3.879 billion people, it hosts 60% of the world's current human population...
. Approximately 10 percent of the Institute's members are affiliated with Canadian corporations. In 1999, TEI founded its first chapter in Europe, and a chapter in Asia in 2005.
The mission of TEI is to enhance and improve the tax system and to serve its members, their employers, and society generally by facilitating interaction among, and the training of, members and their staffs, by effectively advocating its members’ views, and by promoting competence and professionalism in both the private and government sectors.
TEI plays a major role in tax advocacy
Advocacy
Advocacy is a political process by an individual or a large group which normally aims to influence public-policy and resource allocation decisions within political, economic, and social systems and institutions; it may be motivated from moral, ethical or faith principles or simply to protect an...
, working to improve tax policy and administration in the countries in which its members reside.
The UK-based publication 'Tax Business' magazine recently described TEI members as the “biggest, richest, and most influential group of taxpayers in the world.”