<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>10%<br>15%<br>0%</td><td>5%: if beneficial owner is a company which holds directly at least 10 per cent of the capital of the company paying the dividends.<br>10%: if beneficial owner is an individual which holds directly at least 10 per cent of the capital of the company paying the dividends.<br>15%: in all other cases.<br>0%: if the beneficial owner is the other State itself, a political subdivision, a local authority, or the Central Bank thereof, a pension fund, an Investment Authority or any other institution or fund, which is recognized as an integral part of that State.</td></tr><tr><td>Interest</td><td>Article 11</td><td>0% (residence state only)</td><td></td></tr></tbody></table>