New York cigarette stamp tax credit bond.
Corporation. From $100.
The bond a licensed cigarette agent files with the Department of Taxation and Finance to buy tax stamps on credit instead of paying cash up front. The penal sum is the credit line the department grants you — premiums start at $100, issued the same day for most. This is the corporation version.
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How much does a New York cigarette stamp tax credit bond cost?
1% of the bond amount, from $100. Enter your amount in the calculator for the exact price.
Three steps. One sitting.
This bond is instant-issue on our form — there is no underwriting queue to wait in. Here is the whole thing:
Apply online
Your corporation details and the bond amount — the credit line the Department of Taxation and Finance has granted for stamp purchases. That is the application.
Issued on the spot
No credit check up to $10,000. If the department later raises your credit line, you increase the bond to match.
File with Tax & Finance
Submit the executed credit bond to the Department of Taxation and Finance to establish or maintain your 30-day stamp credit. Wet-ink originals mailed whenever the department insists on them.
What it is and who needs it.
What the cigarette stamp credit bond actually covers
New York taxes cigarettes by way of stamps that licensed agents affix to each pack. Normally an agent pays for those stamps in cash at the time of purchase. Under Tax Law Article 20, the Department of Taxation and Finance may instead let an agent buy stamps on credit — paying within 30 days — provided the agent files a credit bond securing that balance.
The penal sum is not fixed by statute. It is the credit line the department sanctions for your account, set to cover the stamp tax you may owe at any one time. If the department raises your credit line, it can require the bond amount to rise with it — enter whatever figure your account currently carries.
Because this is a statutory financial-guarantee bond on our form, it is instant-issue for most applicants: no financial statements, no underwriter queue. From $12,500, the check is a soft pull that never affects your score. You apply, pay a premium starting at $100, and file the executed bond with Tax & Finance the same day. This is the version for a corporation.
You need this bond if you are
Claims, renewal, filing, and what sets the price.
If a claim is made
A claim comes from the party the bond protects, the obligee named on the form, when the duty the bond guarantees is not met.
The surety investigates and pays a valid claim, up to the bond amount. You then repay the surety: a surety bond is a guarantee of your performance, not insurance for you.
Renewal and term
The premium covers a one-year term from the effective date you choose.
Renew before the expiry date to keep the bond in force: the license, permit or contract it backs expects continuous coverage.
How to file it
File with Tax & Finance. Submit the executed credit bond to the Department of Taxation and Finance to establish or maintain your 30-day stamp credit. Wet-ink originals mailed whenever the department insists on them.
What sets the price
The premium is 1% of the bond amount, $100 minimum: the amount the obligee sets moves the price, not your business profile.
No credit check up to $10,000. Above that, the carrier may run a soft pull, which never affects your score.
Where a check runs, it decides approval; the rate is the same for everyone approved.
One application, issued on the spot.
Submit the application with your corporation details and credit-line amount — the executed bond is generated instantly, ready to file with the Department of Taxation and Finance.
Start the application →Common questions.
Other New York bonds.
Price and requirements checked on the carrier’s application, . Page updated .
Stamp credit bond, issued today.
Instant issue for most, premiums from $100. File with the Department of Taxation and Finance the same day.