ITSA Appoints New Board and Prepares New Round of Webinars
Following its 4th Annual General Meeting, held in May 2021, the International Tax Stamp Association (ITSA) has appointed four directors to its board.
ITSA - May 19, 2021 midnight Read MoreITSA Appoints New Board and Prepares New Round of Webinars
Following its 4th Annual General Meeting, held in May 2021, the International Tax Stamp Association (ITSA) has appointed four directors to its board.
ITSA - May 19, 2021 midnight Read MoreKey Questions Raised at Tax Stamp Webinar
In April, Reconnaissance International held a one-hour webinar to present its new review 'Tax Stamps & Traceability: A Market Analysis and Technical Update' to over 200 registrants. The co-editor of the review, Nicola Sudan, was joined by its two main contributors: Michael Eads (ME) of Sovereign Border Solutions, and Richard Jotcham (RJ) of Axess Technologies.
Events - May 13, 2021 midnight Read MoreGeorgia Opens Invitation for Expression of Interest
Georgia has a remarkably successful tobacco tax stamp programme which has been reported on in Tax Stamp & Traceability News™ (TSTN). Here we interview two managers from the Revenue Service of the Ministry of Finance of Georgia (GRS), Levan Dgebuadze, head of the Service Department, and Samson Uridia, head of the International Relations Department, to find out more about it.
Interviews - May 1, 2021 midnight Read MoreSICPA Partners with Rhizo Verified for Hemp Authentication
SICPA has announced a new three-year partnership with Rhizo Verified, a US-based third-party hemp verification, authentication, and traceability solutions company.
Cannabis - April 30, 2021 midnight Read MoreIs Excise Tax on Soft Drinks a Good Substitute for Income Tax?
In a March article published by the Tax Foundation, Ulrik Boesen, Senior Policy Analyst, Excise Taxes, at the foundation’s Center for State Tax Policy examined how US state lawmakers are considering increasing excise taxes on soft drinks to offset decreases in income tax.
Alcohol, Beverages - April 30, 2021 midnight Read MoreLatest Tax Stamp and Traceability Developments in Nepal
Nepal has been using excise stamps (hereinafter referred to as tax stamps) for more than two decades now, with the stamps effectively contributing to government tax revenue. Indeed, every year, the Nepalese government generates 57 billion Nepalese rupees ($477 million) from excise duty, value-added tax, and health hazard tax imposed on cigarettes and alcohol.
Country Profiles - April 30, 2021 midnight Read MoreProduct Traceability and Authentication Systems: A Technology Review
Track and trace, trace and track, supply chain transparency, traceability… a confusion of terms to describe the use of an encoded unique identifier to determine the source and the pathway of an individual product.
Reports - April 30, 2021 midnight Read MorePakistan Finalises Major Track and Trace Agreement…Only to Have it Stayed in Court
In March, the consortium of Authentix, Inc, MITAS Corporation and AJCL Private Limited finalised a licence agreement with the Pakistan Federal Board of Revenue (FBR) to implement a track and trace system on tobacco, cement, sugar and fertiliser. The agreement covered an initial five-year term, with a three-year extension option.
Country Profiles - April 30, 2021 midnight Read MoreConcerns with Tender Requirements
An ongoing issue of concern to the tax stamp world has recently resurfaced. The issue refers to the recent release of tax stamp tender specifications for Oman, which appear to eliminate all but a seemingly preselected supplier, thereby rendering what should be a competitive tender almost non-competitive.
Tenders - April 30, 2021 midnight Read MoreWebinar Delves into New Tax Stamp & Traceability Review
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Free - April 29, 2021 midnight Read MoreOntario Issues RFI for Tracking Raw Leaf Tobacco
In the July 2016 issue of Tax Stamp News™, Sven Bergmann of Venture Global Consulting covered a report by the Macdonald-Laurier Institute – a conservative policy think tank in Ottawa, Canada – on the illicit tobacco trade in Canada.
Illicit Trade - April 22, 2021 midnight Read MoreDe La Rue Welcomes Over 50 Tax Authorities to Inaugural Excise Tax Protection Course
During March and early April, De La Rue ran its inaugural Excise Tax Protection Course. The six-module course, delivered as online seminars, was aimed at government excise managers and professionals and was by invitation only. De La Rue plans for the course to become an annual event.
Events - April 15, 2021 midnight Read MoreCosta Rica Takes Bold Step to Protect Citizens Against Illegal Alcohol
In 2019, more than 25 people died in a single case of alcohol poisoning resulting from methanol-laced alcoholic drinks. Soon thereafter, the government closed over 10 establishments and seized 55,000 containers of the killer alcohol.
Country Profiles - March 31, 2021 midnight Read MoreConfusion Reigns Over Difference Between Authentication Labels and Tax Stamps
An ongoing issue of concern to the tax stamp world has recently resurfaced. It refers to the use of the term ‘tax stamp’ to describe security features that have nothing to do with tax collection.
Free - March 31, 2021 midnight Read MoreDe La Rue’s Smartphone Authentication App for Holograms Leverages Power of Visual-AI
In last month’s issue of Authentication News®, we looked at the tantalising prospect of combining the analytical capability and connectivity of a smartphone with the authenticating power of a hologram, touching on how reliance on end-user knowledge of hologram features could be alleviated by the use of smartphones to verify the holograms.
Authentication - March 31, 2021 midnight Read MoreUganda Extends Tax Stamps to Cement and Sugar
On 1 April, the Uganda Revenue Authority (URA) will launch its ‘Digital Tax Stamps’ (DTS) programme on cement and sugar. Initially introduced at the end of 2019 on domestic and imported beer, spirits, wine, soda, mineral water and tobacco products, the programme resulted in a 270% increase in the number of active taxpayers in the country.
Country Profiles - March 31, 2021 midnight Read MoreOCCRP Warns of Industry Involvement in West African Cigarette Smuggling
The Organized Crime and Corruption Reporting Project (OCCRP) has released two articles in connection with its investigations into cigarette smuggling activities in West Africa.
Illicit Trade - March 31, 2021 midnight Read MorePhilippines to Remove Tax Stamp Exemption on Exports
The Philippines Bureau of Internal Revenue (BIR) has announced it will reverse the rules exempting export cigarettes from carrying tax stamps, after a legislator raised concerns that exports were entering the market as tax-free smuggled goods.
Illicit Trade - March 31, 2021 midnight Read MoreCanada Revenue Agency Penalties Highlight Black Market in Cannabis
When Canada legalized cannabis in October 2018, the expectation was that cannabis would be a significant revenue generator right out of the gate.
Cannabis - March 26, 2021 midnight Read MoreThe Latest from India – Punjab Adopts Slew of Measures to Curb Illicit Liquor
In its bid to generate excise revenue and disrupt the kind of spurious partnerships between manufacturers and transporters that have led to tragedies involving illicit liquor, the Punjab state government has adopted a slew of excise policy measures.
Country Profiles - March 19, 2021 midnight Read More