Subscribe now to get exclusive access to Tender Alerts, Image Galleries, Case Studies, Policy Updates, Facts & Figures, Tax Stamp Archives and much, much more
Blogs
21 November, 2011 - Roll Your Own Cigarettes – A New Path to Tax Evasion?This blog post was originally published in The Anti-Counterfeiting Blog by InkSure Technologies. There is a new trend springing up in New York City and other places in the USA, roll-your-own cigarette shops. The concept of the stores is that customers choose from a selection of loose tobacco and roll their cigarettes themselves using rolling machines provided by the store. Everything was fine until New York City law enforcement noticed and filed a complaint against several stores claiming that, by letting customers roll their own cigarettes, the shops are committing tax evasion. |
14 November, 2011 - Is America Ready for More Wide-Spread Tax Stamp Use?There has been a lot of talk in America about raising taxes on consumer goods lately. The presidential candidate Herman Cain has been touting his 999 plan which proposes to create a 9% federal sales tax on all new goods sold in the USA. Also, some states are looking for ways to increase revenue from liquor sales; some of these plans involve raising liquor taxes. 18 August, 2011: Tax increases - the law of diminishing returnsContrary to the view that tax increases on tobacco and alcohol increase revenues at the same time as reducing consumption, two reports show that the contrary appears to be the case, in a classic case of "the Law of Diminishing Returns". 5 May, 2011: Plain packaging - the law of unintended consequencesHow clearly has the Australian government thought through its plans to force tobacco companies to sell cigarettes in plain packs? Not clearly enough, according to BAT (no surprises there!), which - in the absence of any global research into tobacco packaing regulations and, in particular, the effects of tobacco packaging on consumption - has commissioned Deloittes to do just that. |
