Perfecting the Tax Stamp to Reduce Counterfeiting – in Securing Industry
Some countries require the placement of tax stamps on the bottles of wine and spirits in order to collect revenue from the sales of alcoholic beverages. However, with the rising occurrence of counterfeiting and diversion in this sector, it’s time to revisit the design and function of the tax stamp. In this Securing Industry article, Systech Chief Scientist Dr. Avi Chaudhuri discusses why current tax stamps fail and what would make for the perfect tax stamp. To read the full article, click here.