Mr. Speaker, I am pleased that my colleague recognizes the complexity, because the tax law is complex indeed.
Being an economist and not a tax expert, I do not have a specific answer to this question. I do not believe that will be the case, but all the same I have included in my bill a clause to exempt the estate from this rule in the event of death of a buyer who still holds his shares so as to not allow for tax avoidance. If he sells his shares before five years are up, he will be obliged to retroactively pay the income tax that should have been paid. If he dies, however, the estate will not have to do this, for reasons that are very obvious.
With this clause I have attempted to reassure people who might want to make a family transfer by telling them that they would not get hit, by pure accident, with a tax bill that is too high because of an early death.