In recent years, governments have been expanding the range of goods and services they apply excise tax and regulatory controls to – not only for generating additional revenue, but also to influence consumer behaviour, address public health concerns, and support environmental and regulatory objectives.

Amid sweeping efforts by President Milei’s government to reform Argentina’s tax administration, the country’s tobacco tax stamp programme is an important step towards such reform. While the programme has helped Argentina’s tax authority reconcile production volumes with the number of products actually sold and taxes paid, there is an ongoing price disparity in the market, between manufacturers and resellers, that is ultimately resulting in less tax going to the government.

KPMG has released its latest annual study on illicit cigarettes in Europe, commissioned by Philip Morris Products SA, and covering 38 European markets (including 27 EU member states). The study shows that while overall illicit consumption in Europe grew marginally in 2024 (by 0.2%), consumption in the EU27 soared by 10.8% to reach 9.2% of the total market – the highest level in nearly a decade.

Togo has launched a fuel marking system, initially for subsidised industrial diesel, but rapidly extending, in a second phase, to unleaded gasoline and road diesel.

The Uttarakhand State Excise Department, located in northern India, has enhanced its tax stamps by incorporating optical security features.

Africa is a continent with a serious financing gap. According to the African Union, ‘Africa’s sustainable financing gap until 2030 is about $1.6 trillion,’ and ‘the continent needs additional financing of about $194 billion annually to achieve its Sustainable Development Goals by 2030. This financing gap is equivalent to 7% of Africa’s GDP’.

The Transnational Alliance to Combat Illicit Trade (TRACIT) is a non- governmental organisation consisting of corporations and select trade associations within a range of sectors, including tobacco, alcohol, agri-foods, petroleum, and pharmaceuticals. It has released a report titled ‘South Africa’s Fight Against Illicit Trade – A Strategic Review’. The report reveals that while the country has improved its cross-border enforcement and customs capacity, as well as controls over the informal economy, it has performed significantly less well in other areas with regard to anti-illicit trade efforts.

The Government of Uganda, through the Ministry of Energy and Mineral Development and the National Bureau of Standards, has introduced secure stickers with unique identifiers for displaying at fuel stations as visible proof of regulatory compliance.

New York State is at a critical juncture. Despite legalizing adult-use cannabis more than two years ago, the state has yet to implement a meaningful seed-to-sale tracking system. As a result, the illicit market is not just thriving – it’s dominating.

According to the Pakistani press, the country’s government has introduced an amendment to the 1934 Petroleum Act to implement real-time tracking of petroleum products, from import and production to retail sale. This move aims to reduce massive annual revenue losses estimated at PKR 300-500 billion ($1.1-$1.8 billion), due to smuggling and adulteration of petroleum products.

At the recent Tax Stamp & Traceability Forum™, Dr Hana Ross from the World Bank Global Tax Program shared findings from a 2020 study examining Poland’s approach to regulating the raw tobacco supply chain. The study highlighted how targeted controls helped the country significantly reduce its illicit tobacco trade.

While it is still early days for the Trump administration, news agencies are chock-full of stories to report. Amongst the most popular have been the constant changes in US trade policy, which are not only surprising to many, but which seem to lack a clear path for allowing governments and business to modify their own policies to manage the effects of the US ones.

The UK’s decision to implement a new vaping products duty, paired with a mandatory duty stamp, marks a pivotal evolution in its regulatory posture toward nicotine-containing vape products.

Crane NXT recently announced the launch of a new brand identity: Crane Authentication. This unified brand consolidates the strengths of recently acquired De La Rue Authentication, the Smart Packaging assets of TruTag Technologies, and OpSec Security (purchased last year). Crane NXT now comprises two segments: Security and Authentication Technologies (which includes Crane Currency and Crane Authentication) and Crane Payment Innovations.

This month, we sat down with the new Chair of the International Tax Stamp Association (ITSA), Tim McIntyre of Canadian Bank Note Company Limited, to discuss his background, his thoughts on the industry and how he plans to support an evolution of ITSA to take a more agile and proactive leadership position within the field of tax stamps and traceability.

LEONHARD KURZ, a global player in security and surface finishing technologies, has announced the integration of its subsidiary SCRIBOS, a digital platform provider, under a new unified brand identity—KURZ SCRIBOS.

During the 2025 Tax Stamp & Traceability Forum™, Francis Tuffy of Reconnaissance International chaired a panel discussion on the role of physical security features in an increasingly digital landscape, where artificial intelligence (AI) and quantum computing (QC) are coming to the fore.

Last month, we spoke to the CEO of Quantum Base, a new International Tax Stamp Association member that brings quantum technology to traditional printing techniques to create virtually uncounterfeitable tax stamps. This month, we’re diving deeper into this technology and exploring how it could revolutionise revenue collection and traceability.

Following its 7th Annual General Meeting, held in April 2025 in Cape Town, South Africa – on the occasion of the Tax Stamp & Traceability Forum™ – the International Tax Stamp Association (ITSA) is pleased to announce the appointment of a new chairman, and the re-election of two directors, as it celebrates the 10th anniversary of its founding.

The recent Tax Stamp & Traceability Forum™ (TSTF) has been hailed by some as the best TSTF ever. Yet, the overall number of delegates in attendance (170) was low compared to previous events (over 200). So, why was this 12th edition deemed so successful? Let’s take a look.