Xerox Offering Agencies Halographic Stamp for Tobacco Tax Tracking

Xerox Corp. has developed a halographic stamp to help government agencies address tobacco tax fraud, the company announced Monday.

The document management company produced the Secure Intelligent Tax Tag to help states combat losses on taxes for tobacco products.

The Justice Department estimates the government loses up to $5 billion annually due to cigarette smuggling and fraudulent tobacco stamps.

Greg Kinnear, a vice president for the company’s government protection group, said many states use thermal application stamps that were developed in the 1900s.

He added that tax rates at that time were a few cents per pack, compared to today’s rate of at least a dollar per pack.

SecureITT features a halographic imprint and data for electronic security and digital reporting.

Reiner Eschbach, project leader and research fellow, said the stamp also has visual effects such as movement and color changes.

OpSec Security Inc. designed the halographic imprint for the stamp.

The stamp uses Xerox’s electronic tax reporting and audit compliance system tracking software for tracking details of tobacco product shipments and transactions.

Business Development Director Craig Galler said state authorities will have access to restricted data on the SecureITT stamp.

However, he added that anyone with a smartphone or laptop can report basic tracking information to authorities for verifying tobacco tax payments.

Authorities will use the company’s eTRACS system to verify tobacco tax payments.

The stamping community also uses eTRACS to monitor inventories at various states and stamping locations.

The company’s ACS subsidiary is managing California’s system for processing Medicaid claims under a $1.6 billion contract.

At the time of the March announcement, the subsidiary said it had managed $7.5 billion in claims to date since assuming operational responsibility in October 2011.

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