<h3>Tax Rates</h3><table><tr><th>Item</th><th>Article reference</th><th>Applicable Rates</th><th>Comments</th></tr><tr><td>Dividends</td><td>Article 11</td><td>5% / 10%</td><td>5% if beneficial owner is a government, subdivision, local authority, or governmental institution; 10% in all other cases. (Note: Protocol provides that income derived by a Contracting State or its institutions from agreed sectors is taxable only in the residence state).</td></tr><tr><td>Interest</td><td>Article 12</td><td>7% / 0% (residence state only)</td><td>0% (residence state only) for interest paid to the Government, Central Bank, specific state funds (State Oil Fund, ADIA, ADFED), wholly government-owned financial institutions, or for loans guaranteed by the government. 7% in all other cases.</td></tr></table>