Cigarette Tax Credit Purchase Bond
Wholesalers, subjobbers, or retail dealers of tobacco products, specifically those seeking to purchase cigarette tax stamps on credit. Required when: Applying for a tobacco products license or requesting authorization to purchase cigarette stamps on credit.
Essential point: Pin down whether this is your bond, then start the application. Ava can confirm the right state and license type if you are not sure.
Amounts can vary
Selected requirement: "The bond amount is fixed by the Tax Commissioner but must be no less than $1,0…. Other available requirements: "The bond amount is fixed by the Tax Commissioner but must be no less than $1,000. For wholesalers purchasing stamps on credit, the bond must be in an amount such that the total tax due on two simultaneous requisitions does not exceed one-…. Exact options still depend on the obligee, state, and underwriting.
