<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%, 10%, 12%</td><td>5%: if recipient is Government or wholly-owned public institution; 10%: if recipient is a company (excluding partnership) holding directly at least 25% of the capital; 12%: in all other cases.</td></tr><tr><td>Interest</td><td>Article 11</td><td>10%</td><td>0% for interest arising in UAE paid to Government of Turkey or Central Bank of Turkey. 0% for interest arising in Turkey paid to Central or Local Government of UAE or Central Bank of UAE.</td></tr></tbody></table>