SICPA Wins Contract for Alcohol Excise Solution in Oregon
SICPA has been awarded a new 10-year contract to implement its SICPA Excise Tax System (SETS), which will provide a secure, online platform for the payment, collection, and tracking of Oregon’s alcohol privilege taxes (also known as excise taxes).
In 2017, Oregon’s alcoholic beverage industry worked with Oregon legislators to pass legislation directing the Oregon Liquor Control Commission (OLCC) to ‘allow manufacturers or importing distributors of wine, cider or malt beverages to file required statements and pay privilege taxes by electronic means.’ By partnering with SICPA, the OLCC has gained access to a system that is specifically designed to deliver efficiencies for both industry and the OLCC though integrated, online, role-based software to support the unique needs of excise tax administration.
Through SETS, beer, wine and cider taxpayers in Oregon will be able to leverage multiple mechanisms to provide OLCC with tax information and submit payments via online web-based entry, XML web services and EDI file uploads. In addition, industry licensees will be alerted in real time to errors in tax filings or any outstanding issues that require resolution.
Subscriber content
Read the full article
Full access to Tax Stamp & Authentication News™ articles, newsletters and archives.