Thank you very much, Chair. I'm happy to be here today.
Thank you all three for being with us.
I'd like to begin with a question to Mr. Hejazi. We're talking about businesses here, but it's my impression, speaking to a lot of Canadians, that when we talk about tax havens they almost exclusively think of individuals as opposed to companies. They don't think of companies in terms of tax havens as being top-of-mind for themselves, but they see the unfairness of individuals benefiting on that individual level.
So I wonder, just for clarification, Mr. Hejazi, if there's a large corporation and there's a chairman, a chairperson, or some other executives who derive income from their overseas operations but are resident in Canada, do they pay taxes on that total amount of income they are getting?