Thank you, Mr. Chair.
I am going to present my amendment, which would amend clause 13 of the bill by replacing lines 21 and 22 on page 18. As you will see, it's quite simple. Its goal is to change the date the rules on the distribution of revenue would come into effect. The bill proposes that the rules apply in 2018 and subsequent taxation years. As the Minister of Finance announced last December, new rules on the distribution of revenue will apply retroactively. We are voting on a bill that will implement rules retroactively.
The purpose of my amendment is to give enterprises or individuals affected by these new rules time to adjust. Its purpose is to change the year 2018 to 2019, so that all of those concerned may have time to adjust.
We are discussing amendments to the Income Tax Act that will apply retroactively. In other words, since January 2018, enterprises and individuals should already have adjusted to a law that has not yet been adopted but which was announced in December 2017.
This concerns the fairness of the application of the Income Tax Act. Ideally, we do not adopt rules retroactively. The new rules should only come into effect in 2019.