Licensed wholesale dealers of cigarettes and tobacco products (including tobacco distributors). Required when: When the Commissioner of Taxes, in his or her discretion, deems it necessary to protect the revenues to be obtained under the cigarette and tobacco products tax laws. Exemptions: The Commissioner has the disc…
Overview
What it is.
Licensed wholesale dealers of cigarettes and tobacco products (including tobacco distributors). Required when: When the Commissioner of Taxes, in his or her discretion, deems it necessary to protect the revenues to be obtained under the cigarette and tobacco products tax laws. Exemptions: The Commissioner has the disc…
Who usually needs it
Licensed wholesale dealers of cigarettes and tobacco products (including tobacco distributors).
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.
StateVTBond amountThe bond amount is fixed by the Commissioner of Taxes in an amount deemed neces…Term lengthContinuousObligeeVermont Department of TaxesRenewalThe bond must be maintained as long as the Commissioner deems it necessary; the associated wholesale dealer license is subject to annual renewal.Bond classTax BondCategoryRetail & SalesBondWholesale Cigarette and Tobacco Dealer BondStatutory reference32 V.S.A. § 7737JurisdictionState
