Tax stamps are effective against illicit trade !
Positive results has been reached in several countries following the T&T implementations
TRA has reached its revenue collection target by collecting 22.28 trn in 2021-22 fiscal year
South Africa's post pandemic recovery depends on stubbing out illicit cigarettes.
SICPA SA: long-trusted partner to governments, central banks, high security printers across boundaries
SICPA has enabled Kenya, Tanzania, Morocco and Georgia to increase their tax collection
SICPA will provide Michigan with encrypted digital tax stamp solution
Many benefits have been observed in Kenya, Tanzania or Togo following the implementations.
In Tanzania, the ETS has contributed to a 34% increase in revenue.
TRA collects 2.1trn/- from beverages since ETS inception
Virginia awards tobacco revenue stamp program contract recompete to Meyercord Revenue