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Latest Excise stamp Stories

2011-06-13 08:00:00

CAROL STREAM, Ill., June 13, 2011 /PRNewswire/ -- Meyercord Revenue, Inc., a SICPA company, is introducing a new excise tax stamp solution to help curtail the counterfeiting of excise tax stamps and to enable state governments to more effectively collect owed tobacco excise taxes. The next-generation, heat-transfer FUSON OASIS® system includes new overt and covert security features that correspond to the highest available security industry standards for tobacco tax stamps...

2010-09-08 07:15:00

SPRINGFIELD, Va., Sept. 8 /PRNewswire/ -- SICPA Security Inks and Systems USA, Inc., a leading provider of integrated government security solutions on high excise tax products, today announced that it has acquired Meyercord Revenue Inc., previously a wholly-owned subsidiary of Illinois Tool Works Inc. (NYSE: ITW). The transaction will combine SICPA's international government tax platform expertise with Meyercord's experience in producing and distributing tobacco tax stamps for U.S....

2010-09-07 10:09:00

NEW YORK, Sept. 7 /PRNewswire/ -- INKSURE Technologies (OTC Bulletin Board: INKS), a leading provider of security solutions for the prevention of counterfeiting, has teamed up with EDAPS Consortium in Ukraine to combat the ongoing problem of alcohol and tobacco fraud. "Verifying the authenticity of tax stamps is quickly becoming a cat and mouse game between security experts and sophisticated networks of criminals," said Tal Gilat, CEO and President of Inksure. "As a result, increasingly...

2010-02-18 07:00:00

KIEV, Ukraine, Feb. 18 /PRNewswire/ -- As the world continues to grapple with global economic challenges, a new method of securing cigarette tax stamps from counterfeiting and falsification could save nations from revenue losses totaling more than $50 billion (US) annually. New specialized holograms used as a foundation of the comprehensive enforcement solution from the EDAPS Consortium, may cut off funds supporting organized crime and terrorism, two consistent beneficiaries of the world's...

2008-01-09 21:01:10

By Steve Lambert, THE CANADIAN PRESS The federal government has enlisted the help of a Switzerland-based company for a high-tech battle against counterfeit tobacco. SICPA Product Security has been hired by the Canada Revenue Agency to help design new hidden security features such as holograms that will be mandatory on all cigarette packages and tobacco tins manufactured in or imported to Canada. The new features will replace the current low-tech stamps that indicate federal taxes have...

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2006-02-03 11:05:00

By Christian Lowe MOSCOW -- Russians could suffer a shortage of their national tipple next week because a bureaucratic mix-up has brought every vodka distillery in the country to a halt, producers said on Friday. Distillers have been waiting since January 1 for tax authorities to send them new excise stamps -- the anti-counterfeit stickers that by law must be attached to every bottle of vodka. "We are selling vodka left over from last year but those stocks are getting smaller all the...


Word of the Day
cruet
  • A vial or small glass bottle, especially one for holding vinegar, oil, etc.; a caster for liquids.
This word is Middle English in origin, and ultimately comes from the Old French, diminutive of 'crue,' flask.
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