We are pleased to announce that this year’s Tax Stamp & Traceability Forum™ will take place from 2-4 October 2023, in the wonderful city of Tbilisi, Georgia.

This short series on emerging technologies has covered a number of topics over previous months. It seems fitting as we commence 2023 to now consider the topic of sustainability, a ‘trending’ theme through recent years but one that I see having an increasing impact on our market sector.

Looking back over the year that was, a few key developments spring to mind including: new programmes, illicit tobacco soaring, emerging technologies, the ISO tax stamp standard coming of age, and a ground-breaking study spotlighting track and trace breakeven cost.

The international standard ISO 22382:2018, which was published in October 2018 as a guidance for tax stamp issuers on best practice in the design, sourcing, issuance, and monitoring of tax stamps, is due for review in 2023.

The ability to link a physical object such as a stamp, label, or direct mark into the digital space, through mobile devices such as a smartphone, is an area of great current interest. A key question to consider is how this physical/digital link may change so we can ensure our technologies keep pace with these changes.

For over 17 years, Pakistan’s revenue authority, the Federal Board of Revenue (FBR), has been in the crosshairs of providers of tax stamp and track and trace systems for excise products prone to revenue leakage.

In the July 2022 issue of Tax Stamp & Traceability News™, Dr Marietta Ulrich-Horn of Securikett stated that her company had always maintained a strong focus on tamper-evident solutions for tax stamps, because if a genuine stamp can be transferred to another product for reuse, it’s as if that stamp were actually a fake, whatever the number of security features it was carrying.

Although excise tax management systems and tobacco control programmes have different goals, there is a point at which these goals overlap, given that both parties have an interest in eliminating illicit trade.

In the world of public tenders, the acronyms RFI and RFP, as well as some others, are used on a regular basis by government institutions all over the world, as well as their authorised suppliers and, of course, the media. But does everyone really know what they stand for? And what their usage is, or should be?

A snapshot of the Tax Stamp & Traceability Forum, Malta. More images and the conference review will be posted on the website shortly https://taxstamptraceabilityforum.com/.