64th annual conference: San Antonio, Texas: October 25-28, 2009.

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TEI President Nell Traubenberg of Sun Microsystems opens the conference with a discussion of TEI's goals.

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Catherine Tucker (right) and Susan Fickling-Munge (center) of The Ballentine Barbera Group discuss the firm's transfer pricing services with a conference participant.

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TEI members Louis Mestier of EZCORP (left) and James Sellner of Flowserv talk in the exhibit area before lunch on Monday.

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Maureen Pechacek of PricewaterhouseCoopers covers hot topics at a State and Local Tax session.

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Art Walker of Mayer Brown focuses on local country debt caps, while moderator Jocelyn Krabbenschmidt of Amazon.com scans the audience for questions.

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Deputy Assistant Treasury Secretary for International Tax Affairs Stephen Shay (center) met with members of TEI's leadership before his luncheon address.

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TEI's Executive Committee and senior staff smile for the camera with Monday's luncheon speaker, Deputy Assistant Treasury Secretary for International Tax Affairs Stephen Shay (fourth from the right in the first row!.

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TEI International Tax Committee chair Daniel Golf of Xilinx asks Treasury's Stephen Shay about the prospects for a U.S.-Singapore tax treaty.

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During his first speech to TEI since assuming office, IRS Chief Counsel William Wilkins outlines the guidance priorities for his office.

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Glenn Carrington of Ernst & Young discusses monetizing assets and attributes in a tax-efficient manner.

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Amber Darnell of Thomson Reuters demonstrates the company's Checkpoint research service to a conference participant during a break.

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Clint Stretch of Deloitte Tax emphasizes a point about American "exceptionalism" during Monday's plenary session.

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Janice Lucchesi of Akzo Nobel moderates a session on the tax issues relating to the use of combined reporting. With her on the dais are Jeff Saviano (left) and Paul Palmer, both of Ernst & Young.

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Mark Silverman of Steptoe & Johnson discusses the current business climate for mergers and acquisitions, while co-moderator Phil Cohen of Unilever U.S. listens.

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TEI President Nell Traubenberg (right) looks on as Paul DeNard, acting LMSB Commissioner, expresses the IRS's appreciation for the Institute's...