© Morgan, Lewis & Bockius LLP Compare with Other Business Tax Reform Proposals Provision 2014-2023 ($billions) Reform Accelerated Cost Recovery System269.5 Amortize Research and Experimentation192.6 Treatment of Deferred Foreign Income170.4 Amortize Advertising Expenses169.0 Reform Subpart F115.6 Financial Institution Excise Tax86.4 Repeal Last In First Out Accounting Method79.1 Repeal Like Kind Exchanges40.9 Limit Cash Method Accounting23.6 Make Research Credit Permanent-34.1 7
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