WASHINGTON, Jan. 30, 2018 /PRNewswire/ -- The Tax Council Policy Institute (TCPI) announced today that Mark Prater, deputy staff director and chief tax counsel for the Senate Finance Committee, will be awarded the 2018 Pillar of Excellence Award in recognition of his extraordinary contributions to the tax community and efforts to formulate tax policy. The award will be presented at TCPI's 19th Annual Tax Policy & Practice Symposium held February 15-16 in Washington, D.C.
"The Pillar of Excellence Award is given to an outstanding tax professional who has demonstrated excellence in the field of tax law and policy, thereby helping further our mission at the TCPI," said Tim Raymond, Chair of TCPI's Board of Directors and Assistant General Tax Counsel at Exxon Mobil Corporation. "Mark's long-tenured career, coupled with his latest efforts helping to overhaul the U.S. tax code, makes him well deserving of this award."
Mr. Prater is the ninth recipient of this award, which honors those tax professionals who play a key role in formulating tax policy, as well as the development and prominence of the tax community at large.
"Mark's contributions to the tax profession over many decades are immeasurable, and he truly exemplifies the criteria set forth by TCPI for receiving the award," said Lynda K. Walker, Esq., Executive Director and General Counsel of TCPI. "Mark is highly respected within the tax policy community for his integrity and TCPI is pleased to recognize him for his outstanding work and intricate knowledge of the tax code and policy process."
Qualifications for the Pillar of Excellence Award include playing a key role in tax policy, impact on the tax business and national economy, participation in knowledge-sharing opportunities, and a demonstrated understanding of tax policies among professionals, executives and policymakers.
An Oregon native, Mr. Prater has worked on tax issues for the Committee for almost three decades. Starting in January 1990, he joined the Finance Committee as a tax counsel and quickly ascending to position of chief tax counsel in 1993. In January 2007, his responsibility expanded to include Deputy Staff Director. A member of the Oregon and Washington State bars in 1984 and a certified public accountant, Mr. Prater worked in private practice from 1984 to 1990. Mr. Prater received his B.A. from Portland State University, his J.D. from Willamette University, and an LL.M. in Taxation from the University of Florida.
TCPI's 19th Annual Tax Policy & Practice Symposium, "Disruption and opportunity in the era of global tax transformation," will bring together leading tax professionals and policymakers from government, academia and the private sector, to explore emerging policy considerations, share insights, and exchange practical strategies for managing and mitigating the disruptions that changes in tax policy create. For more details, please visit www.tcpi.org.
About The Tax Council Policy Institute (TCPI)
TCPI is a non-profit, non-partisan, 501(c)(3) public policy research and educational organization. It was created to help bring about a better understanding of significant tax policies that impact businesses and the economy through careful study, thoughtful evaluation and open discussion. The annual Tax Policy & Practice Symposium is one of the programs utilized by TCPI to accomplish its mission.
SOURCE Tax Council Policy Institute