Revenue stamp
Revenue stamp is a type of adhesive label used to collect taxes or fees on various items, such as legal documents, tobacco and alcohol. They are issued by governments, national and local, and by official bodies of various kinds. They take many forms and may be gummed and ungummed, perforated or imperforate, printed or embossed, and of any size.
History[edit | edit source]
The use of revenue stamps dates back to the 17th century, and has since been adopted by many countries around the world. The first revenue stamp in the United States was issued in 1765, as a response to the Stamp Act imposed by the British government.
Types of Revenue Stamps[edit | edit source]
There are several types of revenue stamps, including:
- Excise Stamps: These are used to collect taxes on alcohol, tobacco, and other goods.
- Postage Stamps: These are used to pay for the cost of mailing a letter or package.
- Documentary Stamps: These are used to collect taxes on legal documents, such as deeds and licenses.
Collecting[edit | edit source]
Collecting revenue stamps, or philately, is a popular hobby for many people. There are many resources available for collectors, including catalogs, books, and online resources.
See also[edit | edit source]
References[edit | edit source]
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Contributors: Prab R. Tumpati, MD