<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>0%</td><td>5% of the gross amount of dividends if the beneficial owner is a resident of the other Contracting State.<br>0% if the beneficial owner is the Government of the other Contracting State or certain governmental institutions/entities (Article 4(2)).<br>0% if the beneficial owner is a company (other than a partnership) resident of the other Contracting State that holds directly at least 10% of the capital of the company paying the dividends.</td></tr><tr><td>Interest</td><td>Article 11</td><td>5%<br>0%</td><td>5% of the gross amount of interest if the beneficial owner is a resident of the other Contracting State.<br>0% if the beneficial owner is the Government of the other Contracting State or certain governmental institutions/entities (Article 4(2)).<br>0% if interest arises on any loan of whatever kind granted by a bank of the other Contracting State.</td></tr></tbody></table>
Convention between the Government of the Republic of LATVIA and the Government of the State of KUWAIT for the Avoidance of Double Taxation and the Prevention of Fiscal Evasion with respect to Taxes on Income and on Capital
The Government of the Republic of Latvia and the Government of the State of Kuwait, Desiring to promote their mutual economic relations through the conclusion between them of a Convention for the avoidance of double taxation and the prevention of fiscal evasion with respect to taxes on income and on capital, Have agreed as follows:
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