    [Public Papers of the Presidents of the United States: WILLIAM J. CLINTON (1999, Book II)]
    [December 29, 1999]
    [Pages 2350-2351]
    [From the U.S. Government Publishing Office www.gpo.gov]

    Letter to the Chairman of the Senate Committee on Foreign Relations
    Reporting on the Venezuela-United States Tax Convention
    December 29, 1999

    Dear Mr. Chairman:
        In accordance with the resolution of advice and consent to
    ratification of 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,
    adopted by the Senate of the United States on November 5, 1999, I hereby
    certify that:
        In connection with Declaration (1), New Venezuelan Tax Law:
           (i)  the new Venezuelan tax law has been enacted in accordance
                with Venezuelan law;
          (ii)  the Department of Treasury, in consultation with the
                Department of State, has

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                thoroughly examined the new Venezuelan tax law; and
         (iii)  the new Venezuelan tax law is fully consistent with and
                appropriate to the obligations under the Convention.
            Sincerely,

                                                          William J. Clinton

    Note: The letter was sent to Jesse Helms, chairman, Senate Committee on
    Foreign Relations. This letter was released by the Office of the Press
    Secretary on December 30.