The ACTC is a nonprofit professional association of tax lawyers in private practice, in law school teaching positions and in government, who are recognized for their excellence in tax practice and for their substantial contributions and commitment to the profession. The purposes of the ACTC are:

• To foster and recognize excellence and to elevate standards in the practice of the profession of tax law;
  
  
• To stimulate development of skills and knowledge through participation in continuing legal education programs and seminars;
  
  
• To provide additional mechanisms for input by tax professionals into the development of tax laws; and
  
  
• To facilitate scholarly discussion and examination of tax policy issues.

The College is composed of Fellows (approximately 700 current members) chosen by their peers in recognition of their outstanding reputations and contributions in the field of tax law, and is governed by a Board of Regents consisting of one Regent from each federal judicial circuit and two Regents at large