2023 – An Exciting Year for Revenue Stamps
6 Jan 2023 | Press Releases
By Gerben van Wijk, Chairman, ITSA Although it is impossible to predict the future, it is clear that the industry has a shared expectation for 2023 when it comes to revenue stamps: growth! Over the past years, several case studies have shown that the introduction of a holistic revenue stamp …
ITSA Appoints New Board and Chairman
24 May 2022 | Press Releases
Following its 5th Annual General Meeting, held in May 2022 in Malta, during the Tax Stamp & Traceability Forum, the International Tax Stamp Association (ITSA) has appointed three directors to its board. Furthermore, ITSA is pleased to announce the appointment of a new chairman. The three directors are Marietta Ulrich-Horn of …
Corrigendum Note Issued by Itsa
14 Feb 2022 | Press Releases
Further to its press release dated January 17th 2022 entitled ‘INTERNATIONAL TAX STAMP ASSOCIATION RAISES CONCERNS OVER ECUADOR’S FISCAL TRACEABILITY MOVE’, the International Tax Stamp Association (ITSA) would like to issue the following corrigendum upon INEXTO’s request: In Chile, INEXTO’s partner ATOS Worldline was disqualified for 2 reasons according to …
ITSA CALLS FOR EU TPD IMPROVEMENTS
15 Nov 2021 | Press Releases, Webinars
The International Tax Stamp Association (ITSA) is calling for improvements to a directive that controls the manufacture, presentation and sale of tobacco products in the European Union. ITSA believes that while the EU Tobacco Products Directive (TPD), which is currently undergoing a mandatory review, has been very effective in some …
ITSA Welcomes New Member
13 Sep 2021 | Press Releases
The International Tax Stamp Association (ITSA) is delighted to announce that a new member has joined its ranks as of August 2021: Demax Holograms Plc, headquartered in Sofia, Bulgaria. As well as being a leading security printer, Demax Holograms is one of the world’s largest manufacturers of security holograms, with …
ITSA Appoints New Board
20 May 2021 | Press Releases
Following its 4th Annual General Meeting, held in May 2021, the International Tax Stamp Association (ITSA) has appointed four directors to its board. Juan Carlos Yañez Arenas of Thomas Greg & Sons, Gerben van Wijk of Luminescence Sun Chemical Security and Zbigniew Sagan of Advanced Track & Trace, have been …
ITSA Calls for Tax Stamp Clarity
23 Apr 2021 | Press Releases
The International Tax Stamp Association (ITSA) is urging greater clarity around the definition of the tax stamps used to secure excise revenues from tobacco and alcohol products. The move comes in the wake of the continued misuse of the term ‘tax stamp’ by some sector solution providers, which is raising …
Tax stamps can boost government finances in post-COVID world
15 Aug 2020 | Press Releases
Trade bodies, government officials and NGOs have highlighted the crucial role of tax stamp and traceability programmes in boosting government finances strained by the COVID-19 pandemic. An online webinar held by the International Tax Stamp Association (ITSA) brought together 160 stakeholders from around the world to discuss best practices for …
ITSA hits back over tax stamp criticism
18 Jun 2020 | Press Releases
Alcohol | BLOCKCHAIN | Deloitte | Tobacco
Amended version of press release dated 22 May 2020, which contained erroneous information. A high-profile trade association has responded to criticism of tax stamps in a new report on the impact of blockchain technology on excise duty payments. The study by Deloitte highlights the potential benefits of using blockchain to …
EUCJ rejects legal appeal against Tobacco Products Directive
11 May 2020 | Press Releases
ITSA has criticised the decision to reject its legal claim against the EU Tobacco Products Directive (TPD), calling it “disappointing and curious”.