Spirits & Tobacco
Authentix—providing solutions to the spirits and tobacco industries for excise tax recovery and brand protection
For many governments, excise taxes on spirits and tobacco are significant sources of revenue. However, criminal activities such as diversion, smuggling, and excise tax evasion contribute to significant tax losses. When these tax revenues are stolen, they don’t go to their intended sources of funding and in some cases, these stolen revenues have been shown to fund criminal and terrorist activities.
For brand owners, incidents of spirits and tobacco counterfeiting pose serious health risks to citizens and potential revenue loss.
Authentix provides governments and brand owners with solutions to effectively authenticate and track goods being sold, ensuring that tax revenues are optimized without increasing the tax burden while minimizing risks to revenues and consumer safety. With our extensive experience in the spirits industry, Authentix is the partner of choice to solve drinks industry illicit trade problems, including counterfeiting, dilution, refilling and diversion.