Avi Chaudhuri, PhD (Chief Scientist, Systech) Document type:
More than 80 countries place tax stamps on alcohol and tobacco to verify that taxation has been paid. However, the current tax stamp is easily copied allowing criminals to circumvent paying taxes and to sell products with dubious and even harmful ingredients. Consumers are getting sick, and companies are losing consumer trust and revenue.
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- Why the modern-day tax stamp is easy to replicate
- How human factors have assisted the growth of counterfeit tax stamps
- The three protections needed to create the perfect, multi-purpose tax stamp
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