<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 (other than a partnership) holding directly at least 20% of the capital of the paying company.<br>10% in all other cases.<br>Exempt if paid to the other State's Government (Article 10(3), Protocol VII). PE or fixed base: Article 7 or 14.</td></tr><tr><td>Interest</td><td>Article 11</td><td>5%</td><td>Beneficial owner resident in the other State. Exempt if paid to the other State's Government, including the Central Bank of Oman, State General Reserve Fund, Bank of Spain and ICO (Article 11(3), Protocol VII). PE or fixed base: Article 7 or 14.</td></tr></tbody></table>