Mark Smith is a managing director with PwC’s tax services, specializing in issues affecting insurance companies and products that they issue.
Before joining PwC, Smith served for five years as an attorney-adviser in the Treasury Department Office of Tax Policy, where he was the only attorney specializing in domestic insurance tax issues. Smith was the front-line treasury reviewer on most of the IRS-published guidance affecting insurance companies and products.
Smith joined the Office of Tax Policy from the IRS Chief Counsel’s Office, where he had served for 18 years, including nine years as the chief of the insurance branch. In the insurance branch, Smith was responsible for a large number of private letter rulings, technical advice memoranda and other guidance addressing domestic issues that primarily affect insurers.
Smith speaks frequently before industry groups on insurance topics and is the most recent past chair of the Insurance Companies Committee of the American Bar Association tax section.