[Weekly Compilation of Presidential Documents Volume 35, Number 38 (Monday, September 27, 1999)]
[Page 1787]
[Online from the Government Publishing Office, www.gpo.gov]

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

September 21, 1999

To the Senate of the United States:

    I transmit herewith for Senate advice and consent to ratification 
the Convention Between the Government of the United States of America 
and the Government of the Kingdom of Denmark for the Avoidance of Double 
Taxation and the Prevention of Fiscal Evasion with Respect to Taxes on 
Income, signed at Washington on August 19, 1999, together with a 
Protocol. Also transmitted for the information of the Senate is the 
report of the Department of State concerning the Convention.
    It is my desire that the Convention and Protocol transmitted 
herewith be considered in place of the Convention for the Avoidance of 
Double Taxation, signed at Washington on June 17, 1980, and the Protocol 
Amending the Convention, signed at Washington on August 23, 1983, which 
were transmitted to the Senate with messages dated September 4, 1980 (S. 
Ex. Q, 96th Cong., 2d Sess.) and November 16, 1983 (T. Doc. No. 98-12, 
98th Cong., 1st Sess.), and which are pending in the Committee on 
Foreign Relations. I desire, therefore, to withdraw from the Senate the 
Convention and Protocol signed in 1980 and 1983.
    This Convention, which is similar to tax treaties between the United 
States and other developed 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,
September 21, 1999.