I think we'll all agree that it's a scintillating subject.
Thanks for coming here to explain this bill. I think I called it “a tax treaty for tax treaties” in the House during debate. I'm not a tax lawyer or a tax accountant, so it's all very foreign to me.
One thing here I would ask the analysts from the Library of Parliament to note with regard to the bilateral tax treaties to which the convention applies is to make sure that it's clear that it says “South Korea”, and not “Korea”. It just says “Korea” right now. I'm sure we don't have a tax treaty with North Korea. It would be nice to differentiate between the two. I'm nitpicking, but I think it's important.
Ms. Smith, is the United States a party to this agreement?