Non-resident distributors of cigarettes and other tobacco products (OTP) who are granted a license to do business in Rhode Island. Required when: Required as a condition of obtaining a distributor license for a non-resident person. Exemptions: Resident distributors (though they may require a separate Cigarette Tax Cre…
Overview
What it is.
Non-resident distributors of cigarettes and other tobacco products (OTP) who are granted a license to do business in Rhode Island. Required when: Required as a condition of obtaining a distributor license for a non-resident person. Exemptions: Resident distributors (though they may require a separate Cigarette Tax Cre…
Who usually needs it
Non-resident distributors of cigarettes and other tobacco products (OTP) who are granted a license to do business in Rhode Island.
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.
StateRIBond amount$1,000Term lengthContinuousObligeeRhode Island Division of TaxationRenewalThe bond is a continuing bond for an indefinite period and does not expire unless cancelled. Cancellation requires 30 days' written notice by registered mail. The associated distributor license must be renewed annually …Bond classTax BondCategoryRetail & SalesBondNon-Resident Cigarette Tax BondStatutory referenceR.I. Gen. Laws § 44-20-25JurisdictionState
