[Congressional Record Volume 156, Number 148 (Monday, November 15, 2010)]
[Senate]
[Page S7910]
From the Congressional Record Online through the Government Publishing Office [www.gpo.gov]
REMOVAL OF INJUNCTION OF SECRECY--TREATY DOCUMENT NO. 111-8
Mr. WYDEN. 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 November 15, 2010, by the President
of the United States: Protocol Amending Tax Convention with Luxembourg,
Treaty Document No. 111-8. 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 the advice and consent of the Senate to its
ratification, the Protocol Amending the Convention between the
Government of the United States of America and the Government of the
Grand Duchy of Luxembourg for the Avoidance of Double Taxation and the
Prevention of Fiscal Evasion with Respect to Taxes on Income and
Capital, signed on May 20, 2009, at Luxembourg (the ``proposed
Protocol'') and a related agreement effected by the exchange of notes
also signed on May 20, 2009. I also transmit for the information of the
Senate the report of the Department of State, which includes an
Overview of the proposed Protocol and related agreement.
The proposed Protocol and related agreement provide for more robust
exchange of information between tax authorities in the two countries to
facilitate the administration of each country's tax laws. They
generally follow the current U.S. Model Income Tax Convention and the
Organization for Economic Cooperation and Development standards for
exchange of tax information.
I recommend that the Senate give early and favorable consideration to
the proposed Protocol and related agreement and give its advice and
consent to their ratification.
Barack Obama.
The White House, November 15, 2010.
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