[Weekly Compilation of Presidential Documents Volume 32, Number 36 (Monday, September 9, 1996)]
[Pages 1642-1643]
[Online from the Government Publishing Office, www.gpo.gov]
<R04>
Message to the Senate Transmitting the Turkey-United States Tax
Agreement
September 3, 1996
To the Senate of the United States:
I transmit herewith for Senate advice and consent to ratification
the Agreement Between the Government of the United States of America and
the Government of the Republic of Turkey for the Avoidance of Double
Taxation and the Prevention of Fiscal Evasion with Respect to Taxes on
Income, together with a related Protocol, signed at Washington March 28,
1996. Also transmitted for the information of the Senate is the report
of the Department of State with respect to the Agreement.
This Agreement, which is similar to tax treaties between the United
States and other OECD nations, provides maximum rates of tax to be
applied to various types of income, protection from double taxation of
income, exchange of information to prevent fiscal evasion, and standard
rules to limit the benefits of the Agreement to persons that are not
engaged in treaty shopping.
I recommend that the Senate give early and favorable consideration
to this Agree-
[[Page 1643]]
ment and related Protocol and give its advice and consent to
ratification.
William J. Clinton
The White House,
September 3, 1996.