California Adopts New Cigarette Tax Stamp

(Business Wire) Betty T. Yee, Chairwoman of the State Board of Equalization, announced today that improved high-tech tax stamps with a new design will soon be available and affixed to packs of cigarettes sold in California. The BOE has approved the use of the updated stamp to further reduce the trafficking of counterfeit cigarettes and related excise tax evasion in California. The BOE is responsible for the administration and enforcement of the tax stamp program.
The upgraded tax stamp introduces a number of new security features, including special inks and a counterfeit and tamper-resistant design. Continued