Other Tobacco Products Tax Bond
Distributors of tobacco products (other than cigarettes) seeking an initial license, or existing licensees who fail to file returns or pay taxes for two consecutive quarters. Required when: Application for a tobacco products distributor's license or failure to file/pay taxes for two consecutive quarters.
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: "Twice the licensee's average quarterly tobacco tax liability as determined by …. Other available requirements: "Twice the licensee's average quarterly tobacco tax liability as determined by projected sales, or $1,000, whichever is greater for initial licenses. For existing licensees who fail to comply with filing or payment requirements, the amount…. Exact options still depend on the obligee, state, and underwriting.
