<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% / 15%</td><td>5%: if beneficial owner is a company that owns 10% or more of the issued and outstanding voting stock, or 25% or more of the value of all the issued and outstanding stock of the company paying the dividends (except for dividends paid by a non-resident-owned investment corporation that is a resident of Canada). 15%: in all other cases.</td></tr><tr><td>Interest</td><td>Article 11</td><td>0% / 10%</td><td>0%: if beneficially owned by a resident of the other Contracting State and paid in respect of indebtedness of the government of that Contracting State or a political subdivision or local authority thereof; or if for export financing by the Export Development Corporation (Canada) or by the Government of Kuwait or specified institutions (Kuwait). 10%: in all other cases.</td></tr></tbody></table>