Multilingual Income Tax E-File System
1. Provide a brief description of your technology or idea
My idea is an online general tax process system in multiple languages, e-filing system. This tax system can be integrated into many other tax paying countries.
2. What does it do-(what function it performs)?
Provides a platform where people can submit tax in multiple language form.
3. How big is the problem in terms of market size & dollars (a: US b: International)
As one of the government support categories, Americans are suggested to submit their tax online. Thus, this system will be able to open up a whole new market of users. The United States total population is estimated to be around 315,884,618 (May 19, 2013) people, and within that population, 17.3 million people are Asians. Eboss is targeting the first stage of revenue of the amount of $60,415,000.