4/30/2023 0 Comments Stapled paper![]() ![]() Archived from the original on 28 June 2011. ^ "The British Postal Museum and Archive: Philatelic glossary".Abdul Karim Telgi, an Indian stamped paper counterfeiter.The use of stamped paper remains an important source of revenue in some developing countries, like Bangladesh, where other forms of taxation are hard to collect. This has particularly been the case in India following a large-scale fraud in the year 2000. Stamped papers remain in use in many countries however, electronic versions are being developed to reduce the risk of fraud. The paper will also frequently have a whole page watermark for the same reason. The stamp sometimes occupies the entire width of the top part of the paper and is often of an intricate engraved design to enhance security. This led to riots and political agitation which have been credited with sowing the seeds of the American Revolution.Ĭollecting stamped paper is part of revenue philately. The 1765 Stamp Act required all British colonies in the New World to use stamped paper prepared in London and embossed with a revenue stamp. It has been used widely in France (from 1651), Great Britain (from 1694), the United States, India and elsewhere. Stamped paper is thought to have been a Spanish invention, being introduced (or reinvented) in the Netherlands in the 1620s. This is an efficient way of collecting taxes and stamping documents without the need to submit them to a separate government stamp office. The parties to the matter then write their legal business on the paper and lodge it with the court or other interested party. The papers are bought blank apart from the pre-printed stamp and are available from stationers, lawyers' offices, post offices and courts according to local regulations. The stamped paper has been widely used around the world to collect taxes on documents requiring stampings, such as leases, agreements, receipts, court documents and many others.
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