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.