<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% / 7.5%</td><td>5% if the beneficial owner is a company holding directly at least 10% of the capital of the paying company; 7.5% in all other cases. Exempt if the beneficial owner is the State itself, local government, local authority, or their financial institutions.</td></tr><tr><td>Interest</td><td>Article 12</td><td>7.5%</td><td>Exempt if the beneficial owner is the State itself, political subdivision, local Government, local authority, or their financial institutions.</td></tr></table>