Perhaps I can focus it a bit. If I remember correctly from what was presented yesterday by Mr. Morand, if two corporate entities, or a corporate entity and an individual, form a partnership to carry on one project, they could be caught by this rule. But I don't think it would be the intention of the bill. I think the intention of the bill would be that they continue to be taxed, as in the past, on the profit of the venture by the two corporate or individual entities that created that partnership.
But with this bill, the understanding I had is that there would be a 31% tax on distribution out of that partnership before the profits are distributed to the two or more partners within the partnership.