<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%: if the beneficial owner is a company (other than a partnership) holding directly at least 20% of the capital of the paying company, or is a central bank or government-owned entity. 10%: in all other cases. A branch profits tax up to 5% may also apply per the Protocol.</td></tr><tr><td>Interest</td><td>Article 11</td><td>10%</td><td>0% (exempt): if paid to the Government, an entity wholly owned by the Government, or the Central Bank of the other Contracting State.</td></tr></table>