New Tax Stamp Report Launching in September
Next month, Reconnaissance International will launch the much-awaited third edition of Tax Stamps & Traceability: A Market Analysis and Technical Update – which, since the launch of the first edition back in 2007, has remained the only authoritative report of its kind.
Every year, at least 120 billion tax stamps are used on cigarettes and liquor products in 90 countries, either solely as tools for tax collection or as part of a comprehensive excise goods management programme that includes product authentication and secure track and trace, states the report. But while the number of countries adopting tax stamps continues to rise, the cigarette and spirits tax stamp market from a volume point of view is decreasing, due to the continuing decline of global tobacco consumption, and only a slight increase in spirits consumption.
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