The Changing Face of the Tax Stamp Field

The authors of the third edition of Tax Stamps & Traceability: A Market Analysis and Technical Update (TSR 3), published by Reconnaissance International in 2020, estimated that there were then ‘about 80 prime contractors for tax stamp programmes around the world’, of which 50 were commercial organisations and 30 state-owned enterprises. Those state-owned entities mainly supplied their own country’s tax stamp requirements, but many were also operating commercially on the open market, albeit primarily supplying regional neighbours.