CARRIED INTEREST. Preferential treatment for private equity, venture capital and other financial managers that lets them pay the 20 percent capital gains rate on much of their income, instead of the higher individual income tax rate on wages.

OIL AND GAS SUBSIDIES. Energy sector tax breaks including the oil and gas well-depletion allowance; the domestic manufacturing deduction on oil and gas, and expensing of intangible drilling costs.

LAST IN, FIRST OUT (LIFO) ACCOUNTING. An accounting technique used in some industries, especially oil and gas. Companies say this change would force them to revalue old inventory to higher prices.

PROFIT DEFERRAL. A deduction for interest expenses on foreign earnings for deferred taxes.

FOREIGN TAX CREDIT POOLING. A loophole that lets companies claim more in tax credits than would be paid in U.S. taxes by altering which of their foreign units pay out dividends.

INTANGIBLE PROPERTY. A tax break that allows U.S. companies to shelter overseas profits derived from intangible property, such as royalties from drug patents.

CORPORATE JETS. A tax break used by corporate jet owners to depreciate fleets...

DEDUCTION FOR MOVING OVERSEAS. This provision would end the ability of companies to take tax deductions for costs associated with moving plants and jobs overseas.