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Procurement Decision Points: For multi-country exporters: Acquire tax stamp solutions compatible with multiple regional regulations (e.g., basic compliance for Africa + advanced anti-counterfeit for Europe) to reduce redundant supplier coordination and shorten market entry cycles by 50%

They found that a 1 percent shift of tax revenues from income taxes to consumption and property taxes would increase gross domestic product (GDP) per capita by as much as 1 percent in the long run, and that income taxes were more strongly associated with lower incomes than were sales or consumption taxes.[17] A Canadian study, meanwhile, found that increases in sales taxes are generally associated with increases in economic growth, because they often replace income taxes and other taxes on investment.[18] One interesting local tax study concluded that a 1 percentage-point increase in a state individual income tax rate reduces annual population growth rates by 0.81 percentage points, while a similar 1 percentage-point increase in local sales tax rates actually increases the annual growth rate by 0.83 percent,[19] evidently because residents favor the services provided by sales taxes more than they dislike the tax, whereas the opposite is true for local income taxes

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The company, which in 2022 announced a $37 million investment that included other commission funds, said 30 jobs would be created in its application