<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 10</td><td>5% / 10%</td><td>5%: beneficial owner is a company that has owned directly or indirectly at least 10% of voting shares for a period of 6 months. 10%: all other cases. The 5% rate does not apply if the company paying dividends is entitled to a deduction for dividends paid in Japan.</td></tr><tr><td>Interest</td><td>Article 11</td><td>10% / 0% (residence state only)</td><td>0% (residence state only): beneficially owned by the Government, political subdivision, local authority, central bank, wholly-owned government institution, or for government guaranteed or insured debt-claims. 10%: all other cases.</td></tr></table>