North Carolina Tax Bond for Cigarettes

The North Carolina Tax Bond for Cigarettes is required by the North Carolina Department of Revenue for those who would distribute cigarettes in the state. A cigarette is defined as any of the following:

• A roll of tobacco wrapped in paper or in a substance that does not contain tobacco.
• A roll of tobacco wrapped in a substance that contains tobacco and that, because of its appearance, the type of tobacco used in the filler, or its packaging and labeling, is likely to be offered to or purchased by a consumer.
  

  

What is the purpose of North Carolina Tax Bond for Cigarettes?

The bond may be required as a form of security for the state in case of loss if the distributor fails to pay the taxes due to them. The bond states the bondholder will properly perform all of his duties and discharge all of his liabilities under the provisions of the North Carolina Tobacco Products Tax Act. The amount for the bond varies, as it must be two times the distributor’s average expected monthly tax liability. It must be at least $2,000 but not more than $2,000,000. In order to find out the cost of the surety bond, all we need is the completed application. 

How do I obtain a  North Carolina Tax Bond for Cigarettes?

Complete our easy to navigate online application. Within one business day,  one of our licensed agents will contact you with a no-obligation quote for your bond (the “premium”). Once any necessary paperwork is signed and the premium payment is processed, your surety bond will be shipped to you via USPS Priority Mail (overnight shipping options also available).

The surety bond experts at Surety1 are here to help you get bonded quickly and reliably. We work with over a dozen “A” rated surety markets to ensure we find you the lowest rate for your bond. We are also licensed in all 50 states and maintain an A+ rating by the Better Business Bureau.