Thank you, Mr. Chair.
First off, welcome to the committee. I too am interested in the comments you made, Ms. Ricard, in your opening remarks. I would like to come back to page 2, where you make the distinction between tax avoidance and tax evasion. In the interest of the people who are watching—because these meetings are being broadcast—I would like to make sure I understand the distinction, especially with regard to the law.
In your text, you state "the letter of the law." What do you mean by "the letter of the law," in the case of tax avoidance and evasion?