Use the globalEDGE^TM site to complete the following exercises:

1. Tax rates in different countries can impact the level of spending income available to companies and people in different countries. The top management of your company requested a report regarding the tax policies of the following countries: Argentina, Belgium, Bulgaria, China, Czech Republic, Denmark, Egypt, Germany, Italy, and the United Kingdom. A tax colleague indicated over lunch that a resource called "Worldwide Tax" may assist you in completing your report. Prepare a table including the corporate and individual income tax rates and the value added tax rates (where applicable) for the countries on your list.



2. Country risk is an important issue for investors to consider prior to investing in foreign countries. One of the Marketing Potential Indicators for Emerging Markets is identified as country risk. Utilize the ranking provided by the globalEDGE^TM Web site and identify five emerging markets that exhibit the least risk for foreign investors.