<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>10%</td><td>May also be taxed in the Contracting State of which the company paying the dividends is a resident, if the recipient is the beneficial owner of the dividends. Dividends are not taxable in the source state if the beneficial owner is the Government, a political sub-division, a local authority, the Central Bank, or other governmental agencies/financial institutions as specified and agreed to in an exchange of notes.</td></tr><tr><td>Interest</td><td>Article 11</td><td>10%</td><td>May also be taxed in the Contracting State in which it arises, if the recipient is the beneficial owner of the interest. Interest is not taxable in the source state if the beneficial owner is the Government, a political sub-division, a local authority, the Central Bank, or other governmental agencies/financial institutions as specified and agreed to in an exchange of notes.</td></tr></tbody></table>