Florida-based Metrc has launched Retail ID™, a serialised QR code solution for enhancing cannabis supply chain transparency at retail level. Rather than replacing Metrc’s existing RFID tag system on cannabis plants and bulk packaging, the code is intended to complement it.

To mark 15 years since the first Tax Stamp News™ was published, Tax Stamp & Traceability News™ is going back in time to the main news items covered by the newsletter between 2009 and today, looking at how they have developed over this period.

Those round-shaped magenta discs that, since 2006, have adorned the labels of UK spirits and wine bottles, as a visual proof of duty paid, now look set to disappear, following a government announcement that the discs will be abolished once a review by HM Revenue & Customs (HMRC) has taken place.

Following complaints over £5 fines being dished out to the recipients of letters and parcels suspected of carrying counterfeit postage stamps, the UK postal service, Royal Mail, has launched a scanner tool in its app that lets customers check if a stamp is counterfeit.

Metrc has announced a new contract with the State of California, retaining its role as the state’s cannabis track and trace software provider.

In a recent website article, the Peter G Peterson Foundation, a US nonprofit organisation for building a sustainable fiscal path, took a look at excise taxes in the US and how they fit into the federal budget.

The Global Centre for Maritime Decarbonisation (GCMD) has completed a two-year pilot study aimed at ensuring supply chain integrity and fuel authenticity for drop-in green fuels (ie. renewable fuels made from biomass sources that can be blended with petroleum products).

Authentix has announced an exclusive partnership with ARMOR-IIMAK, a global player in the thermal transfer ribbon printing industry, to provide brand owners and their authorised contract manufacturers with a new covert security ink available in thermal transfer ribbon format.

It was 15 years ago, in July 2009, that the very first Tax Stamp News™ (now called Tax Stamp & Traceability News™) was published. To mark the occasion, we thought it would be interesting to go back in time, to the main news items covered by the newsletter between 2009 and today, and how they have developed over this period.

Combining physical and digital elements on tax stamps ensures that the strengths of both are exploited, and the weaknesses of each are covered. The International Tax Stamp Association (ITSA) is pleased to announce the launch of a social media campaign examining the topic in depth, featuring quotes from industry insiders and stories from around the world that demonstrate the strength of a ‘phygital’ approach.

The Korea Minting, Security Printing and ID Card Operating Corp (KOMSCO) has developed a tax stamp in collaboration with VOICEYE, a 2D high-density barcode solution specialist, with a focus on critical global markets like tobacco, alcohol, and pharmaceuticals.

Microsoft Italy and the Istituto Poligrafico e Zecca dello Stato (IPZS – the Italian Mint) have launched a strategic collaboration based on artificial intelligence to protect the authenticity of Italian products from counterfeiting. One of the pilot projects for this collaboration relates to the most exported Italian wine in the world, but also the most imitated: Prosecco.

During the Philippine Vape Festival, held in August, the Bureau of Internal Revenue (BIR) seized over 5,000 illicit vape products displayed and offered for sale at the event. The main way of identifying the vapes were illicit was their lack of tax stamps.

The Philippines’ House Ways and Means Committee has approved legislation that will expand the country’s tobacco tax stamp system into a more comprehensive approach for tracking the entire supply chain of tobacco products, including their origin, route, and final point of sale.

Reconnaissance International – co-publishers of Currency News™ (and a leading global source of business intelligence on currency, identity, authentication, tax stamps, and traceability) – have unveiled a new industry reference glossary.

De La Rue has announced its full year results for the period ending 30 March 2024, with its Authentication division (including tax stamp programmes) achieving record sales of £103.2 million. This figure surpasses the division’s £100 million target, and represents a 12.5% increase over 2023. The results are, however, overshadowed by a £235 million loan that becomes payable next July.

This article presents an integrated approach for ensuring producers of sugar-sweetened beverages (SSB) correctly report the volumes they put on the market (POM) and pay the appropriate SSB taxes and recycling fees.

Texas-based security solutions provider Authentix has acquired the authentication business assets of Meta Materials – namely, Nanotech Security Corporation (NSC) – for $10 million, excluding assets such as cash and real estate.

As has thankfully become a bit of a tradition again, post-COVID, ITSA (International Tax Stamp Association) recently held a pre-conference seminar on the occasion of the High Security Printing™ Latin America conference, which this year took place in Santiago, Chile.

By 2025, more than 100 million smartphone users in the US will use a QR code scanner on their mobile devices, compared to 70.6 million in 2020. But how can citizens be sure that what they are scanning is legitimate?