<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 state of residence of the company paying dividends; tax not to exceed 10% of the gross amount if the beneficial owner is a resident of the other Contracting State.</td></tr><tr><td>Interest</td><td>Article 11</td><td>10% / 15% / 0%</td><td>10% for financial institutions (including insurance companies); 15% in all other cases. Exempt if derived by or on behalf of the Government, governmental institutions or entities (as defined in Article 4(2)), or certain government-owned banks/financial institutions, or on loans guaranteed or insured by the Government/governmental institutions/entities.</td></tr></tbody></table>