Jan. 28, 1997: Congressional Record publishes “REMOVAL OF INJUNCTION OF SECRECY--TREATY DOCUMENT NO. 105-2”

Jan. 28, 1997: Congressional Record publishes “REMOVAL OF INJUNCTION OF SECRECY--TREATY DOCUMENT NO. 105-2”

ORGANIZATIONS IN THIS STORY

Volume 143, No. 8 covering the 1st Session of the 105th Congress (1997 - 1998) was published by the Congressional Record.

The Congressional Record is a unique source of public documentation. It started in 1873, documenting nearly all the major and minor policies being discussed and debated.

“REMOVAL OF INJUNCTION OF SECRECY--TREATY DOCUMENT NO. 105-2” mentioning the U.S. Dept of State was published in the Senate section on pages S723 on Jan. 28, 1997.

The publication is reproduced in full below:

REMOVAL OF INJUNCTION OF SECRECY--TREATY DOCUMENT NO. 105-2

Mr. LOTT. Mr. President, as in executive session, I ask unanimous consent that the injunction of secrecy be removed from the following treaty transmitted to the Senate on January 28, 1997, by the President of the United States: Taxation Treaty with Thailand, Treaty Document No. 105-2; I further ask unanimous consent 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 Kingdom of Thailand for the Avoidance of Double Taxation and the Prevention of Fiscal Evasion with Respect to Taxes on Income, signed at Bangkok, November 26, 1996. An enclosed exchange of notes, transmitted for the information of the Senate, provides clarification with respect to the application of the Convention in specified cases. Also transmitted is the report of the Department of State concerning the Convention.

This Convention, which is similar to other tax treaties between the United States and 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 the exchange of information to prevent fiscal evasion and sets forth standard rules to limit the benefits of the Convention to persons that are not engaged in treaty shopping.

I recommend that the Senate give early and favorable consideration to this Convention and give its advice and consent to ratification.

William J. Clinton.

The White House, January 28, 1997.

____________________

SOURCE: Congressional Record Vol. 143, No. 8

ORGANIZATIONS IN THIS STORY

More News