Wholesale dealers of cigarettes and tobacco products (other than those who only operate vending machines) Required when: Application for a license as a wholesale dealer Exemptions: Wholesale dealers who only operate vending machines are not required to file a performance bond.
Overview
What it is.
Wholesale dealers of cigarettes and tobacco products (other than those who only operate vending machines) Required when: Application for a license as a wholesale dealer Exemptions: Wholesale dealers who only operate vending machines are not required to file a performance bond.
Who usually needs it
Wholesale dealers of cigarettes and tobacco products (other than those who only operate vending machines)
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.
StateNYBond amount$10,000Term lengthContinuousObligeeNew York State Department of Taxation and FinanceRenewalThe bond remains in effect as long as the license is active; the license itself is subject to renewal every three years.Bond classTax BondCategoryRetail & SalesBondWholesale Dealer of Cigarettes BondStatutory referenceNew York Tax Law § 480(1)(c)JurisdictionState
