Adam Rosenzweig

The newly expanded and renovated Mildred Lane Kemper Art Museum at Washington University in St. Louis will reopen with a major exhibition of work by Ai Weiwei. The renowned Chinese dissident artist and activist is known all over the world for rigorous, compassionate and complex artworks that address themes of political, ethical and social urgency. “Ai Weiwei: Bare Life” opens Sept. 28 and will feature more than 35 artworks created over the last two decades in a wide variety of media — including a handful of newly conceived, large-scale and site-specific projects and major pieces never before exhibited in the United States.

Much of the debate over the Tax Cuts and Jobs Act focuses on whether Congress favors rich corporations over poor people. But an expert on tax law at Washington University in St. Louis asks, what about poor corporations?

The U.S. House of Representatives Republican tax proposal, released Nov. 2, would institute a number of wholesale changes to the American tax code, including the end of neutrality in the international tax system, says an expert on international tax law at Washington University in St. Louis.

President Trump has revealed his proposed tax plan, which involves, among other things, cutting the corporate tax rate and reducing tax brackets to three, down from seven. What do the proposed changes mean? Adam Rosenzweig, professor of law and tax law expert, explains.

The U.S. Treasury Department has issued several rules recently aimed at cracking down on tax evasion and money laundering in the wake of the “Panama Papers.” Will continuing to add new, and increasingly aggressive, rules make any lasting or concrete changes to the American tax code? Maybe, but perhaps at a cost to the tax law as a whole, says Washington University tax expert Adam Rosenzweig.

U.S. pharmaceutical giant Pfizer announced Nov. 23 a record-breaking $160 billion merger with Irish firm Allergan, the biggest merger to date involving the controversial strategy of tax inversion. The move marks the beginning of the end of the ability to stop corporate tax inversions under current tax rules, said Adam Rosenzweig, JD, professor of law and an expert on international tax law at Washington University in St. Louis.

Though the rhetoric in Washington, D.C., may seem to favor a push on progress, broad-based individual tax reform is not possible in the short term, though other opportunities for reform may still exist, says an expert on federal income tax and tax law at Washington University in St. Louis. Adam Rosenzweig, JD, discusses the possibility of tax reform in the lame-duck session.

The U.S. Treasury Department has taken action to curb corporate tax inversions, making it more difficult to for U.S. companies to merge with international firms and move abroad to reduce their taxes. This move attempts to combat specific abuses within a flawed framework, according to an international tax law expert at Washington University in St. Louis School of Law.

The United States has the highest corporate income tax rate in the developed world. As a result, many U.S. companies are turning to tax inversions — reincorporating overseas by getting acquired by a smaller company in a country where the corporate tax rate is lower. Adam Rosenzweig, JD, professor of law and expert on international tax, examines why inversions are becoming so popular.

Falling oil and gasoline prices have prompted some in Congress to debate about increasing the federal fuel tax, which helps fund highway and bridge construction, among other projects. Increasing the tax, which hasn’t been raised since 1993 and isn’t tied to inflation, to help offset revenue lost through lower prices at the pump may seem like a good idea in theory, but it’s much more difficult in practice, says tax law expert Adam Rosenzweig, JD, of Washington University in St. Louis.

“Chief Justice Roberts’ opinion on the Affordable Care Act mostly conforms with the way I previously understood the taxing power of the federal government,” says Adam Rosenzweig, JD, tax law expert and associate professor of law at Washington University in St. Louis. Rosenzweig says that there were two important pieces of the Roberts opinion from a tax standpoint.