Difference between revisions of "IS428 2017 18T1 Group05"
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== Description of Problem and Motivation == | == Description of Problem and Motivation == | ||
| + | In 2017, The Inland Revenue Authority of Singapore (IRAS) collected tax revenue amounting to S$47 billion, a 5% increase from tax revenue in the fiscal year 2016.<sup>[http://www.businesstimes.com.sg/government-economy/iras-collected-s47b-in-tax-revenue-in-fy2017-up-nearly-5-from-a-year-ago]</sup> | ||
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| + | According to a report by the Organization for Economic Co-operation and Development (OECD), Singapore was ranked as one of the lowest-taxed economies in South-east Asia and amongst other economically developed countries. However, the presence of tax can adversely affect overall consumer spending | ||
| + | build a data visualisation for the public to understand our tax composition and changing trends and patterns of revenue. | ||
| + | |||
== Related Work == | == Related Work == | ||
== Technical Challenges == | == Technical Challenges == | ||
Revision as of 22:47, 12 October 2017
Contents
Description of Problem and Motivation
In 2017, The Inland Revenue Authority of Singapore (IRAS) collected tax revenue amounting to S$47 billion, a 5% increase from tax revenue in the fiscal year 2016.[1]
According to a report by the Organization for Economic Co-operation and Development (OECD), Singapore was ranked as one of the lowest-taxed economies in South-east Asia and amongst other economically developed countries. However, the presence of tax can adversely affect overall consumer spending build a data visualisation for the public to understand our tax composition and changing trends and patterns of revenue.
