In terms of how we do it, individuals have their own reporting obligations for the income tax return. As well as the actual income tax return obligations, there are these additional reporting requirements, which are for tax shelter promoters and people involved in these reportable transactions. There's a second layer of reporting. As well, in prior budgets we introduced additional penalties with respect to tax shelter reporting in particular if reporting isn't done as required.
This measure just layers on another aspect, because the purpose of the reportable transaction reporting and the tax shelter reporting is to assist the CRA in conducting a thorough review of the tax affairs of participants. If the participants haven't been forthcoming with respect to their reporting, then their files are going to remain open from an audit perspective for a greater length of time until the correct returns have been filed.