Thank you, Mr. Chair.
Thank you to all the witnesses. I appreciate you being here, and I appreciate your expertise.
Mr. Dimitrakopoulos, maybe I will start with you. We have heard today, and we have heard before, that it's common for artists to spend years working on projects and then only get paid once a work is released. We were talking about this today. Because artists and performers see fluctuations in their activities from year to year, they are eligible for carry forward allowable expenses, which allow artists to deduct travel and promotional expenses to lower tax liability.
I would like to know if more can be done. It still poses a greater tax burden on individuals whose income is irregular and fluctuates from year to year over that of people who have a steadier income.
Can you tell this committee if that idea of income averaging has been something that you have researched?