<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 holding directly at least 10% of the capital of the paying company.<br>10% in all other cases.<br>Residence state only if beneficially owned by the State, its Central Bank, pension funds or listed state bodies (Article 10(3)). PE or fixed base: Article 7 or 14.</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. PE or fixed base: Article 7 or 14.</td></tr></tbody></table>