<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(2), 10(3)</td><td>5%</td><td>Exempt if beneficial owner is the Government, a local authority, or a wholly owned agency or instrumentality (including a financial institution) of the other Contracting State.</td></tr><tr><td>Interest</td><td>Article 11(2), 11(3)</td><td>5%</td><td>Exempt if payer or recipient is the Government or local authority, if paid to a wholly owned agency/instrumentality, if related to loans under a government agreement, or if paid on loans granted, insured or guaranteed by a public institution promoting exports.</td></tr></table>