The OECD (Organisation for Economic Co- operation and Development) has released the 15th edition of ‘Consumption Tax Trends’, a biennial publication presenting comparative data on consumption taxes in OECD member countries. The report highlights the continuing downward trajectory of excise duties as a percentage of total tax revenues in these countries.

This article is the third in a series on the topic of illicit trade and its relationship with free trade zones (FTZs). It is intended to foster consideration and discussion for secure traceability solutions, building upon the analyses provided in the articles published in this newsletter in March and August 2023.

This article is second in a series that aims to educate readers on the dynamic nature of free trade zones (FTZs) and key issues that warrant addressing, and offers a means by which suppliers of secure track and trace technologies may find opportunities in this potential new market. The first article can be found in the March 2023 issue of this newsletter.

This article represents the first in a series that aims to educate readers on the dynamic nature of Free Trade Zones (FTZs) and key issues that need addressing, as well as, ideally, offer a means by which suppliers of secure track and trace technologies can address this heretofore untapped potential new market.

The Cannabis Work Group of AIM North America, the premier alliance for the automated data capture technologies industry, has released a white paper reviewing the use of automatic identification and data capture solutions (including barcodes, RFID, and NFC) for cannabis traceability.

Over the years, the business case for using tax stamps has increased considerably, in tandem with the emergence of new technologies and best practices for managing excise and other goods that require robust supply chain controls.

Many technologies and features with their roots in commercial printing have made, and continue to make, a substantial contribution to secure document production. However, these technologies have for the most part been concerned with producing visual colours, perceived by the unaided eye as conventional colour printing.

The United Nations Interregional Crime and Justice Research Institute (UNICRI) has released its ‘Technology and Security: Countering Criminal Infiltrations in the Legitimate Supply Chain’ report.

Europol’s Serious and Organised Crime Threat Assessment 2021 (SOCTA-21) provides a detailed account of the dramatic impact that the COVID-19 pandemic has had on organized crime, illicit markets in general and the illicit tobacco market in the EU in particular.

In the January issue of Tax Stamp & Traceability News™, we launched a new series on the use of tax stamps and associated track and trace systems in different regions of the world, starting with Africa. This month, we shift the focus to Asia and Australasia.