<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>0% (residence state only)</td><td>Dividends paid by a company which is a resident of a Contracting State to a resident of the other Contracting State shall be taxable only in that other State, provided that the person is the beneficial owner. No source state withholding is permitted. The provisions do not apply where the beneficial owner carries on business in the source state through a permanent establishment or fixed base with which the holding is effectively connected, in which case Article 7 or Article 14 applies.</td></tr><tr><td>Interest</td><td>11</td><td>0% (residence state only)</td><td>Interest arising in a Contracting State and paid to a resident of the other Contracting State shall be taxable only in that other Contracting State, provided that the person is the beneficial owner. The definition of interest includes income from arrangements such as Islamic financial instruments where the substance of the underlying contract is akin to a loan. The provisions do not apply where the beneficial owner carries on business in the source state through a permanent establishment or fixed base with which the debt-claim is effectively connected, in which case Article 7 or Article 14 applies.</td></tr></table>