<h3>Tax Rates</h3><table><tr><th>Item</th><th>Article reference</th><th>Applicable Rates</th><th>Comments</th></tr><tr><td>Dividends</td><td>Article 10</td><td>5%</td><td>Exempt if beneficial owner is the Government of a Contracting State, an administrative:territorial unit, subdivision, local authority, or any wholly owned agency or instrumentality (including financial institutions).</td></tr><tr><td>Interest</td><td>Article 11</td><td>5%</td><td>Exempt if paid by/to the Government, administrative:territorial unit, subdivision, local authority, wholly owned agency/instrumentality, or for loans promoting exports or under intergovernmental agreements.</td></tr></table>