<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>10</td><td>5% / 12.5%</td><td>5%: beneficial owner is a company (other than a partnership) which holds directly at least 50 per cent of the capital of the company paying the dividends, or has invested 20 million US dollars or more. 12.5%: all other cases.</td></tr><tr><td>Interest</td><td>11</td><td>10%</td><td>Exempt for the Government, a local authority, the Central Bank, any financial institution or any pension fund wholly owned by the Government.</td></tr></table>
Agreement Between the Government of the Kingdom of SAUDI ARABIA and the Government of the Socialist Republic of VIETNAM for the Avoidance of Double Taxation and the Prevention of Tax Evasion with Respect to Taxes on Income
The Government of the Kingdom of Saudi Arabia and the Government of the Socialist Republic of Vietnam,
Desiring to conclude an Agreement for the avoidance of double taxation and the prevention of tax evasion with respect to taxes on income,
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