<h3>Tax Rates</h3><table><thead><tr><th>Item</th><th>Article reference</th><th>Applicable Rates</th><th>Comments</th></tr></thead><tbody><tr><td>Dividends</td><td>Article 10</td><td>5%<br>10%</td><td>5%: if the beneficial owner is a company which owns at least ten per cent. of the shares of the company paying the dividend.<br>10%: in all other cases.</td></tr><tr><td>Interest</td><td>Article 11</td><td>0%<br>10%</td><td>0%: if derived and beneficially owned by the Government, a political sub-division or a local authority of the other Contracting State; or the Central Bank of the other Contracting State, or any other bank or governmental financial institutions/agencies that may be mutually agreed upon.<br>10%: in all other cases.</td></tr></tbody></table>