Government Revenue Protection
It has not only been a global issue but a critical concern to combat pirated goods. Illicit global trade costs governments billions of dollars in tax revenues and fees and cause an economic drain of almost $2.2 trillion – nearly 3% of the world’s economy according to UNCTAD article in 2019. Product trafficking, counterfeit, piracy and fraud have been falsely impacting security indicia worldwide making it more than challenging to protect government tax revenues.
Scopsis powerfully counters these critical concerns through its Phygital solutions, especially with the imposition of Covid-19 impacting today’s economy to more smart manufacturing, other platforms and applications in digital trade. We not only monitor and secure genuine products’ life cycles starting with manufacturing, retailing, consumers, and global value chains, we also protect revenues, expand markets, and help government officials combat organized crime and terrorism.
Tax stamps on excisable goods such as (tobacco, alcohol, pharmaceuticals) are a smart and efficient way not only to authenticate, validate and trace genuine products from fraudulent ones, but a smart way to track and trace the life cycle of these authentic products. When combined with our robust track and trace system, tax stamps allow governments to access valuable data and safeguard their tax revenues on genuine products.
Scopsis’ foolproof method not only protects government taxable revenues on excisable products but also captures fraudulent activities, counterfeit and illicit trade. Our expertise lies not only in the implementation but also in guiding governments to plan for legislations and strategies to counter illicit trade. In short, Scopsis proudly works to protect governments’ tax returns, revenue generation and unlock potentials to any government asset.
Beyond Customer Service
Our highly skilled technical team works with you through the full cycle. We not only prevent but anticipate red flags through our diligent authentication tax stamp security solutions. Scopsis’ SLA system allows us to conduct a meticulous deep-rooted investigation, customizing our competitive solutions to a more technically challenging digital economy. Capturing warning data and determining the best course of action, is not all we do. We tailor our high feature security solutions, make sure they are right for you in all your documentation aspects and ensure compliance within your country’s requirements.