mr. pascal saint-amans. we welcome you. >> thank you for the opportunity to testify here today. the oecd was founded in the aftermath of world war i and the leadership of the united states. it's a country-drive organization with 34 countries u.s. being the largest member and playing a key role. and it works by consensus. it does a lot of work on tax and in the tax area, we do consult extensively on the project related to project shifting we have consulted society, businesses or stakeholders. in this project, we have issued a number of discussion drafts, more than 3,500 pages of comments have been received and has been taken into account. we have conducted five public consultations as well as webcasts which have been looked at by more than 10,000 viewers. in the area of tax the oecd facilitates corporation between tax and its countries to eliminate double taxation. taxation is at the core of each country free to set up its corporate tax system the way it chooses. but as a result, there are risks of double taxation which are not conducive to cross-border investments. since the 192