The California Board of Equalization requires that those who sell cigarettes or tobacco products execute a California Cigarette and Tobacco Products Tax Bond to ensure compliance with California Revenue and Taxation Code Sections 30141 and 30143.
Bonds Express offers a California Cigarette and Tobacco Products Tax Bond with a 99% approval rate.
A surety bond protects the party requesting the bond, the Obligee, against any financial losses as a result of poor financial decisions, damages, unethical decisions, or a failure to follow state and local laws on the part of you, the Principal. The California Cigarette and Tobacco Products Tax Bond holds you accountable for your business decisions.
By possessing a California Cigarette and Tobacco Products Tax Bond, you are telling your Obligee that you can be trusted as a Principal and that you stand behind your business decisions.