<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>11</td><td>0% (residence state only)</td><td>Does not apply if the holding is effectively connected with a permanent establishment or fixed base. Dividends derived by the state itself, local government, local authority, or their financial institutions are taxable only in the state of residence.</td></tr><tr><td>Interest</td><td>12</td><td>0% (residence state only)</td><td>Does not apply if the debt-claim is effectively connected with a permanent establishment or fixed base. Interest derived by the state itself, political subdivision, local government, local authority, or their financial institutions is taxable only in the state of residence.</td></tr></table>