The domestic finance/tax policy fiscal 2015 budget was $77 million. Specific programs fall into four principal areas: tax policy; tax analysis; international tax affairs; and tax, trade and tariff policy. The Office of Tax Policy is one of 10 departmental policy offices in the Department of the Treasury. The subordinate structure includes four deputy assistant secretaries and approximately 100 employees. In addition, the Alcohol, Tobacco, Tax & Trade Bureau, with approximately 500 employees, reports to the office.3
• Assists the secretary in developing and implementing tax policies and programs
• Provides the official estimates of all government receipts for the president’s budget, fiscal policy decisions and Treasury cash management decisions
• Establishes policy criteria reflected in regulations and rulings, and guides preparation of them with the Internal Revenue Service (IRS) to implement and administer the Internal Revenue Code
• Negotiates tax treaties for the United States and represents the U.S. in meetings and work of multilateral organizations dealing with tax policy matters
• Provides economic and legal policy analysis for domestic and international tax policy decisions4
• Works closely with the IRS commissioner, the National Economic Council, the Office of Management and Budget, the vice president’s office, the Council of Economic Advisors and the Department of Homeland Security5