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“REMOVAL OF INJUNCTION OF SECRECY TREATY DOCUMENT NO. 106-3” mentioning the U.S. Dept of State was published in the Senate section on pages S7833 on June 29, 1999.
The publication is reproduced in full below:
REMOVAL OF INJUNCTION OF SECRECY TREATY DOCUMENT NO. 106-3
Mr. NICKLES. I ask unanimous consent to proceed as if in executive session.
The PRESIDING OFFICER. Without objection, it is so ordered.
Mr. NICKLES. I ask unanimous consent that the injunction of secrecy be removed from the following treaty transmitted to the Senate on June 29, 1999, by the President of the United States:
1. Tax Convention with Venezuela (Treaty Document No. 106-3);
I further ask that the treaty be considered as having been read the first time; that it be referred, with accompanying papers, to the Committee on Foreign Relations and ordered to be printed; and that the President's message be printed in the Record.
The PRESIDING OFFICER. Without objection, it is so ordered.
The message of the President is as follows:
To the Senate of the United States:
I transmit herewith for Senate advice and consent to ratification the Convention Between the Government of the United States of America and the Government of the Republic of Venezuela for the Avoidance of Double Taxation and the Prevention of Fiscal Evasion with Respect to Taxes on Income and Capital, together with a Protocol, signed at Caracas on January 25, 1999. Also transmitted is the report of the Department of State concerning the Convention.
This Convention, which is similar to tax treaties between the United States and other developing nations, provides maximum rates of tax to be applied to various types of income and protection from double taxation of income. The Convention also provides for resolution of disputes and sets forth rules making its benefits unavailable to residents that are engaged in treaty shopping.
I recommend that the Senate give early and favorable consideration to this Convention and that the Senate give its advice and consent to ratification.
William J. Clinton.
The White House, June 29, 1999.
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