Comprehensive Excise Tax Recovery Solutions
Authentix works with governments and commercial organizations worldwide to develop and deploy comprehensive and effective digital fiscal marking and production monitoring programs that increase tax revenues, protect consumer health and level the playing field for compliant manufacturers.
The Authentix TransAct™ digital fiscal marking solution combines tax stamps and direct to product digital marks with multi layered security features with a traceability element for supply chain visibility, combating different forms of criminal activity, ensuring tax stamp enforcement and securing the supply chain security.
Hundreds of millions of dollars in lost taxes recovered
Protected products include tobacco, alcohol, carbonated beverages & water
Actionable intelligence to efficiently target enforcement resources to fight illicit trade
Flexible Marking Options
TransAct™ delivers multiple tax stamp and direct to product digital marks options to meet specific customer needs. Available solutions include wet glue applied or self-adhesive stamps and direct to product digital marks with secure, digital marks applied by ink jet printing directly onto the excisable product. The high security tax stamps and direct to product digital marks contain an effective combination of overt, semi-covert, machine readable covert and forensic features combined with a track and trace element incorporated into aesthetic designs, which communicate national pride. Authentix’ handheld readers and mobile device applications are available for field authentication and the communication of results to the information system.
TransAct™ Digital Fiscal Marking Solutions Capabilities
Authentix prides itself on working closely with industry and tax authorities to design flexible programs with minimum disruption to manufacturers and maximum returns for Government Tax Authorities. Operating in the most demanding markets across the globe, the TransAct™ solution include the following capabilities to enhance the collection of excise taxes:
- Flexible fiscal marking options
- Direct to product & physical tax stamps
- Smartphone authentication
- Proprietary, multi-layered security features and security inks
- Production monitoring
- Advanced analytics, insights and intelligence
Through the user-friendly cloud-based Transact™ Management Information System, revenue agencies are able to:
- approve the registrations of program participants
- approve the ordering of stamps or codes
- monitor the fulfillment status of orders
- monitor the enforcement activities by the field agents