Cigarette Tax Bonds
What is a Cigarette Tax Bond?
Cigarette Tax Bonds are required to guarantee taxes are paid from a seller of tabacco to the government requiring the bond.
Current Market: Any type of financial guarantee surety bond is looked at with a close eye. Many larger bonding companies are still willing to write Cigarette Tax Bonds, but may be more conservative than they would be with a more traditional surety risk. Our agency is appointed with several bonding companies that write this particular class of business more freely than the rest of the industry.
Special Programs: Cigarette Tax Bonds are not required by many. The relatively small amount of requests does not allow for any bulk specialty programs.
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