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Agency Boasts Improved Efforts to Curb Tobacco Tax Evasion

Sacramento, CA
It’s been seven years since the last time the State Board of Equalization measured its efforts in this area, but judging from the report, a dent has been put in tobacco tax evasion in California. The agency’s task force has reduced tobacco tax evasion by roughly $62 million. That benefits all Californians because the tobacco taxes get to the funds to support community efforts, such as breast cancer research. 

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SICPA Product Security, LLC Vindicated in Patent Case as Tax-Right Loses Patent Infringement Claim and is Obligated to Pay SICPA’s Costs

Springfield, Virginia
Tax-Right LLC (West Berlin, NJ) has agreed to pay SICPA Product Security, LLC (‘SICPA’) a confidential amount in court costs and fees, as a result of Tax-Right dismissing its own frivolous lawsuit against SICPA in September 2012 for an alleged patent infringement (The United States District Court for the Eastern District of Virginia (Tax-Right v. SICPA, Civ. No. 3:12-CV-657)).

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Meyercord Revenue Launches New Site

Carol Stream, Illinois 
Meyercord Revenue Inc. (www.meyercord.com) is excited to announce the launch of its newly designed Web site.

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Next-Generation Excise Tax Solution to Aid Governments

Carol Stream, Illinois 
Meyercord Revenue Inc., a SICPA company, is introducing a new excise tax stamp solution to help curtail the counterfeiting of excise tax stamps and to enable state governments to more effectively collect owed tobacco excise taxes. The next-generation, heat-transfer FUSON OASIS® system includes new overt and covert security features that correspond to the highest available security industry standards for tobacco tax stamps protection and allow for quick and reliable authentication by law enforcement and the general public. The system was unveiled June 13, 2011 at the Federation of Tax Administrators' annual meeting in Omaha, Neb.

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