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NEWS: New cigarette tax stamp to combat counterfeiting

Posted by admin

Jan 5, 2011 6:25:31 AM

A newly designed, high-tech stamp will soon appear on cigarette packs sold in California to help fight counterfeiting, State Board of Equalization officials announced.

BOE chairwoman Betty T. Yee said the new tax stamps will help reduce the trafficking of counterfeit cigarettes and related excise tax evasion statewide.

The BOE is responsible for the administration and enforcement of the tax stamp program.

With several new security features, including special inks and a counterfeit and tamper-resistant design, the upgraded tax stamp will help simplify authentication and discourage tax stamp counterfeiting, according to the announcement.

For full article, please see the Contra Costa Times.

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Topics: Legislation

   

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