<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% / 15%</td><td>0% (exempt from tax in source state) for dividends beneficially owned by a resident of the other Contracting State, except where dividends are paid out of income 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, in which case the rate is 15%. 0% rate applies in the 15% case if the beneficial owner is a pension scheme established in the other Contracting State.</td></tr><tr><td>Interest</td><td>Article 11</td><td>0% / Not provided</td><td>0% (taxable only in residence state) if beneficial owner is the other State itself, its political subdivisions, local governments, local authorities, its Central Bank, or its statutory bodies; an individual; a company with substantial and regular trading on a recognised stock exchange; a pension scheme; an unrelated financial institution; or a company (other than above) whose establishment did not have securing benefits as a main purpose; OR interest is paid by a Contracting State, its political subdivisions, local governments, local authorities or statutory bodies. Otherwise, may be taxed in the Contracting State in which it arises according to its domestic laws.</td></tr></tbody></table>