The Illinois Cigarette Distributor Bond is required by the Illinois Department of Revenue in the amount of $2,500. The bond is required to help ensure that the cigarette distributor will pay all taxes required by the Illinois Cigarette and Cigarette use Tax acts.
A cigarette is defined as any roll made for smoking made wholly or in part of tobacco irrespective of size or shape and whether or not such tobacco is flavored, adulterates or mixed with any other ingredient, and the wrapper or cover of which is made of paper or any other substance or material except tobacco. A little cigar is any roll, made wholly or pin part of tobacco, where such roll has an integrated cellulose acetate filter and weights less than 4 pounds per thousand and the wrapper or cover of which is made in whole or in part of tobacco.
What are the requirements that must be met in order to be a Cigarette Distributor in Illinois?
All who wish to be in this business must do the following requirements:
- Complete Form REG-1, Illinois Business Registration Application.
- Pay the annual fee of $250
- Post a $2,500 Illinois Cigarette Distributor Bond for every location you have.
Where can I get an Illinois Cigarette Distributor Bond?
Surety1 can get you the Illinois Cigarette Distributor Bond for the lowest rates. We offer a fast and friendly service for all our clients. All we need is a completed application form and your Illinois Cigarette Distributor Bond may even be approved within just one business day. Once you submit the form, one of our licensed agents will call to give a quote for your bond. Upon payment of the bond premium and signing of the agreement, you have the option of receiving your bond through USPS Priority Mail or overnight delivery.
Surety1 was established in 2003 and we issue surety bonds for all 50 states with efficiency and care. This shows in our maintenance of our A+ rating with the Better Business Bureau.