<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>0% (residence state only)<br>15%</td><td>0%: If the beneficial owner is a resident of the other Contracting State, except as provided for the 15% rate. <br>15%: Where dividends are paid out of income derived directly or indirectly from immovable property by an investment vehicle which distributes most of this income annually and whose income from such immovable property is exempted from tax, and the beneficial owner is not a pension scheme.</td></tr><tr><td>Interest</td><td>Article 11</td><td>0% (residence state only)</td><td>If the beneficial owner is a resident of the other Contracting State and at least one of the conditions in Article 11(3) is met (e.g., beneficially owned by a state/its entities, an individual, a listed company, a company with less than 25% non-resident ownership (of Qatar), a pension scheme, or a financial institution; or paid by a state/its entities, a bank, or on a quoted Eurobond; and not part of back-to-back loans).</td></tr></tbody></table>