On June 22, TEI's Board of Directors approved additions to the Institute's Statement of Mission, Principles, and Purpose. The additions reflect TEI's commitment to diversity within TEI and the tax profession by reinforcing TEI's role as the global association of in-house tax professionals and promoting an inclusive culture that attracts, engages, and retains diverse tax professionals. The updated statement appears in the next section.
Wayne Hamilton led the Diversity Working Group, which comprised Tasheaya Ellison, Ju Lee, Wayne Monfries, Tupil Narasimhan, Bonnie Noble, Don Rath, Paula Sheehy, An Theeuwes, Winifer Tong, Mitch Trager, Carita Twinem, Rich Wireman, and Pilar Mata, TEI's tax counsel.
Statement of Mission, Principle, and Purposes
Tax Executives Institute, Inc., is the preeminent global association of in-house tax professionals. TEI's members are business executives responsible for the tax affairs of their employers in an executive, administrative, or managerial capacity. TEI serves its members and advances the profession through education, networking, and advocacy throughout the world.
The mission of Tax Executives Institute is to enhance and improve the global 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 the private and government sectors.
Tax Executives Institute is dedicated to developing sound tax policy, complying with and uniformly enforcing tax laws, and minimizing administration and compliance costs to the benefit of government and taxpayers. These goals can be attained only through members' voluntary actions and their adherence to the highest standards of professional competence and integrity.
* To create a global community of tax professionals and to support their professional development and career progression and thus the business entities for which they work;
* to facilitate the global association of professionals whose work is principally concerned with administering the tax affairs of business entities and to enhance the role of tax executives in managing those entities;
* to promote awareness among business entities and governments of the significance of taxes and tax administration as a cost of business and a factor in global competitiveness and of the importance of sound business...