[Weekly Compilation of Presidential Documents Volume 34, Number 27 (Monday, July 6, 1998)]
[Page 1243]
[Online from the Government Publishing Office, www.gpo.gov]

<R04>
Message to the Senate Transmitting the Lithuania-United States Tax 
Convention With Documentation

June 26, 1998

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 Government 
of the Republic of Lithuania for the Avoidance of Double Taxation and 
the Prevention of Fiscal Evasion with Respect to Taxes on Income, signed 
at Washington on January 15, 1998. Also transmitted is the report of the 
Department of State concerning the Convention.
    This Convention, which is similar to tax treaties between the United 
States and OECD 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 resolution of disputes and sets forth 
rules making its benefits unavailable to residents that are engaged in 
treaty shopping.
    I recommend that the Senate give early and favorable consideration 
to this Convention and that the Senate give its advice and consent to 
ratification.
                                            William J. Clinton
The White House,
June 26, 1998.

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