<h3>Tax Rates</h3><table><thead><tr><th>Item</th><th>Article reference</th><th>Applicable Rates</th><th>Comments</th></tr></thead><tbody><tr><td>Dividends</td><td>Article 10</td><td>0%<br/>10%</td><td>0%: if the beneficial owner is a company which holds directly at least 10% of the capital of the company paying the dividends. (Netherlands may tax at up to 10% on 0% dividends if Kuwait's tax burden on such dividends is <10%, unless specific Kuwaiti government/entities are beneficial owners or the Kuwaiti company meets specific activity/trading conditions, as per Protocol)<br/>10%: in all other cases.</td></tr><tr><td>Interest</td><td>Article 11</td><td>0% (residence state only)</td><td>Taxable only in the residence state of the beneficial owner.</td></tr></tbody></table>