← Back to Bond types
Tax Bond

Tobacco Tax Credit Bond

Wholesalers (certified distributors) of tobacco products who wish to purchase tobacco tax stamps on credit rather than paying cash at the time of purchase. Required when: Required when a licensed wholesaler applies to establish a charge account (credit) with the Department of Revenue Administration to pay for tobacco …

Overview

What it is.

Wholesalers (certified distributors) of tobacco products who wish to purchase tobacco tax stamps on credit rather than paying cash at the time of purchase. Required when: Required when a licensed wholesaler applies to establish a charge account (credit) with the Department of Revenue Administration to pay for tobacco …

Who usually needs it

Wholesalers (certified distributors) of tobacco products who wish to purchase tobacco tax stamps on credit rather than paying cash at the time of purchase.

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.

  1. Tell us the bond name, state, and amount on your form.
  2. Share business and applicant info so the team can quote it.
  3. Sign and pay; we issue the bond and send you the documents.
  4. 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.

Details

Bond details.

StateNH
Bond amountThe bond amount is determined by the wholesaler based on their desired credit l…
Term lengthAnnual
ObligeeNew Hampshire Department of Revenue Administration
RenewalThe bond is issued for a term of one year and must be renewed annually to maintain the credit account privileges.
Bond classTax Bond
CategoryRetail & Sales
BondTobacco Tax Credit Bond
Statutory referenceRSA 78:10
JurisdictionState
More bonds
Next step

Ready to move forward?

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.