Wholesale dealers, manufacturers, or retail dealers permitted as cigarette stamping agents who wish to purchase Virginia cigarette tax revenue stamps on credit (without concurrent payment). Required when: When a stamping agent applies to purchase cigarette tax stamps on a deferred payment basis (on credit) rather than…
Overview
What it is.
Wholesale dealers, manufacturers, or retail dealers permitted as cigarette stamping agents who wish to purchase Virginia cigarette tax revenue stamps on credit (without concurrent payment). Required when: When a stamping agent applies to purchase cigarette tax stamps on a deferred payment basis (on credit) rather than…
Who usually needs it
Wholesale dealers, manufacturers, or retail dealers permitted as cigarette stamping agents who wish to purchase Virginia cigarette tax revenue stamps on credit (without concurrent payment).
Pricing & timing
What to expect.
Generic pricing
Tax bonds guarantee payment of taxes or compliance with tax regulations. Typical Pricing:. • Standard tax bonds: Commonly around 1–5% of the bond amount annually. • Credit impact: Good credit: starting around 1–2% · Average credit: typically 2–4% · Credit challenges: often 4–5% or higher. • Credit check: Required for most tax bonds. Common types include sales tax bonds, fuel tax bonds, and cigarette/tobacco tax bonds. Quick approval is typical for applicants with good credit. Some tax bonds…
Typical timeframe
Credit-based approval — typically 1–2 business days
Application
What to do next.
Tell us the bond name, state, and amount on your form.
Share business and applicant info so the team can quote it.
Sign and pay; we issue the bond and send you the documents.
Keep your effective date and renewal date on file with us.
Start the application.
You are on the exact bond page. The next step is to start the quick application.
StateVABond amountDetermined by the Tax Commissioner to be satisfactory to cover possible losses …Term lengthContinuousObligeeVirginia Department of TaxationRenewalThe bond continues in force from year to year upon timely payment of the premium, unless terminated by the surety with 60 days' written notice to the Tax Commissioner.Bond classTax BondCategoryRetail & SalesBondBond for Cigarette Stamping AgentStatutory referenceVa. Code § 58.1-1009JurisdictionState
