    [Public Papers of the Presidents of the United States: William J. Clinton (1997, Book I)]
    [June 26, 1997]
    [Page 832]
    [From the U.S. Government Publishing Office www.gpo.gov]

    Message to the Senate Transmitting the South Africa-United States
    Tax Convention
    June 26, 1997

    To the Senate of the United States:
        I transmit herewith for Senate advice and consent to ratification
    the Convention Between the United States of America and the Republic of
    South Africa for the Avoidance of Double Taxation and the Prevention of
    Fiscal Evasion with Respect to Taxes on Income and Capital Gains, signed
    at Cape Town February 17, 1997. Also transmitted is the report of the
    Department of State concerning the Convention.
        This Convention, which generally follows the U.S. model tax treaty,
    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 so
    that they are available only to residents 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,

    June 26, 1997.

    Note: This message was released by the Office of the Press Secretary on
    June 27.