Tax Stamp Conference Dubai 15 September 2014 (Ian Lancaster) - - PowerPoint PPT Presentation

History

Tax Stamp Conference Dubai

15 September 2014 (Ian Lancaster)

Participants

Advanced Track & Trace, API Foils Europe & Holographics, Arjowiggins, Art-Line Projekt GmbH, Bowater Holographics, Bundesdruckerei GmbH, Burundi Revenue Authority, Canadian Bank Note Company Ltd, De La Rue, Federal Board of Revenue Pakistan, Garsu Pasaulis JSC, Gopsons Papers Ltd, Hologram Industries, Holostik India Limited, Hueck-Folien, KBA-NotaSys SA, Kenya revenue Authority, Luminescence, Nabu Advisors USA, Oberthur Fiduciaire, Opsec Security Group PLC, Revenue Service of Georgia, SAB Miller, SecuraMonde International, Securikett Ulrich & Horn GmbH, Security Printing Solutions, SICPA, SPGPrints, Tanzania Revenue Authority, Thomas Greg, Zorya Security Printing

Statistics

Revenue agencies use tax stamps as their method of collecting excise tax

250 250

140 140

Billion stamps used annually Stamps as a mechanism to combat smuggling, counterfeiting, re-filling and tax evasion.

Need for ITSA

Organization

• f the Industry

Multiple methods of issuance, control and collection.

• Faster growth requires

an organized industry initiative

• Promotion of excise system

ISO 19998

Multiple suppliers Variety of technologies Doubt regarding project funding Benchmarking of other ISO projects funding Growth tendency of the tax stamp industry

Leading global source of business intelligence on holography and on authentication for document security, personal identification and brand protection. Entity in charge of the secretariat of the organization Experience in the constitution of Industry Associations

Framework

Constitution under British Legal System Non-profit organization

Collective voice for the industry Standards definition Advocacy for tax stamps Promotion

• f tax stamps

Improved understanding by revenue agencies to facilitate sales discussions Identification of the most effective components, features and systems to use on tax stamps

Standards Development

Develop best practice and technical standards Clarify role and function of tax stamps Provide common definitions and terminology Establish minimum security characteristics Relationship between authentication and track-and-trace features Parameters for the development of new features

Purpose of developing industry standards

Develop best practice and technical standards Improve the effectiveness

• f tax stamps as a collection

and criminal-fighting tool Facilitate adoption

• f effective tax

stamps by revenue agencies Increase the market for tax stamps

Other functions

Intra-industry communication Presentation of a common front to customers, governments and the media Development of a code

• f practice and ethics

Development of a code

• f practice and ethics

Market and relevant statistical data on the industry

Benefits to the Industry

Improved understanding by customers (i.e. revenue agencies) to facilitate sales discussions Growth in the number

• f revenue agencies

using tax stamps

Scope of the Association

Physical tax stamps Digital systems