Revenue Stamp - History

History

The use of revenue stamps goes back further than that of postage stamps (first used in 1840); the stamps of the Stamp Acts of the 18th century were revenues. Their use became widespread in the 19th century, partly inspired by the success of the postage stamp, and partly motivated by the desire to streamline government operations, the presence of a revenue stamp being an indication that the item in question had already paid the necessary fees. Revenue stamps have become less commonly seen in the 21st century, with the rise of computerization and the ability to use numbers to track payments accurately.

There are a great many kinds of revenue stamps in the world, and it is likely that many are still unrecorded. Both national and local entities have issued them. In certain periods government have combined the uses of postage and revenue stamps, calling them "postal fiscals" or inscribing them "Postage and Revenue".

Read more about this topic:  Revenue Stamp

Famous quotes containing the word history:

    What we call National-Socialism is the poisonous perversion of ideas which have a long history in German intellectual life.
    Thomas Mann (1875–1955)

    This is the greatest week in the history of the world since the Creation, because as a result of what happened in this week, the world is bigger, infinitely.
    Richard M. Nixon (1913–1995)

    The history of any nation follows an undulatory course. In the trough of the wave we find more or less complete anarchy; but the crest is not more or less complete Utopia, but only, at best, a tolerably humane, partially free and fairly just society that invariably carries within itself the seeds of its own decadence.
    Aldous Huxley (1894–1963)