Oman is Latest GCC Country to Introduce Tax Stamps for First Time

De La Rue has signed a contract with the Oman Tax Authority to implement a tax stamp and digital traceability solution for excisable goods.

The five-year contract will see De La Rue and the Tax Authority implementing a tax stamp scheme for tobacco products compliant with the World Health Organisation's Framework Convention for Tobacco Control (FCTC), together with product marking and serialisation for other excisable goods.

Andrew Clint, Managing Director of De La Rue Authentication said, ‘we are honoured to have been selected by the Tax Authority in Oman to implement this FCTC compliant digital tax stamp solution, which means that all of the Gulf Cooperation Council (GCC) countries that are implementing tax stamp solutions have selected De La Rue as their partner’.

The other GCC countries using De La Rue tax stamps are Bahrain, Qatar, Saudi Arabia and UAE. The only GCC country not currently using tax stamps at all is Kuwait; however, as party to the WHO FCTC Protocol to Eliminate Illicit Trade in Tobacco Products, Kuwait will be required to implement by 2023, a secure track and trace system on tobacco products sold in its territory, which may also include the use of tax stamps.