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Louisiana bonds

Louisiana — Tobacco Tax Bond

Louisiana registered wholesale tobacco dealers must furnish security to the Secretary of Revenue. Prepare your tax account, wholesale business details and required bond amount before opening the application.

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Recorded state
Louisiana
Bond type
Cigarette / Tobacco Tax Bond
Category
Business operations & taxes

What this bond does

The tobacco tax bond supports a wholesale dealer's obligations to the Louisiana Department of Revenue. It concerns tax security, separate from the permits and operational approvals needed to sell tobacco products.

Who needs it
Registered wholesale tobacco dealers arranging the security required by the Louisiana Department of Revenue.
Who it protects
The R-10100 undertaking runs to the Secretary of Revenue and covers taxes, penalties, interest and costs under the Louisiana Tobacco Tax Law, together with faithful performance of that Law's conditions and requirements. The principal and surety bind themselves jointly and severally; this is not protection against the dealer's own business losses.

Your bond option

This is the option on record for this bond.

The bond amount describes the limit of the bond obligation, not the price. A listed amount does not establish what the requesting party requires. The premium is what you pay and must be confirmed for the actual option. An E&O limit, where listed, is separate errors and omissions insurance.

Use the wholesale dealer security requirement

The Department of Revenue states a minimum bond amount of $2,500, or an amount satisfactory to the Secretary based on the dealer's business volume. Use the amount assigned to your wholesale account.

The required security amount is separate from the premium paid for the bond. Have your projected business volume and any department notice available for the provider.

Coordinate the bond with returns and cigarette stamps

Louisiana requires tobacco tax returns and payments electronically. Dealers receiving and handling untaxed tobacco products must follow the department's filing schedule; its guidance specifies the twentieth day of the following month.

Registered stamping agents must stamp unstamped cigarettes before distributing them as described in the department's guidance. A bond purchase does not complete a tax return or purchase tax stamps.

Apply with your revenue account information

Purchase Now opens Propeller's Louisiana Tobacco Tax application in a new tab. Match the R-10100 condition, LDR account, owner/legal organization, trade name, business and mailing addresses, required sum and effective date.

The posted form is continuing. Either party may terminate through thirty days' notice to the other, filed with the Secretary; earlier covered claims remain. Arrange the principal and surety signatures, printed names and titles and two witnesses for each. Review the document against the tax account and submit it through the Department's current instructions. Payment does not file the undertaking or complete returns, stamp purchases or permit approval.

Sources

Have these ready

  1. Wholesale dealer registration and LDR account.
  2. Legal owner/organization, trade name, business and mailing addresses.
  3. Secretary's volume-based security amount and R-10100 condition.
  4. Effective date, principal/surety signatures and two witnesses for each.
  5. Department's current filing and continuation instructions.

Questions about this bond

Is $2,500 the purchase price?

No. It is the department's stated minimum bond security. The provider determines the premium.

Can the department require more?

Yes. Its guidance allows an amount satisfactory to the Secretary based on business volume.

Does this replace tobacco tax returns?

No. Electronic returns and tax payments remain separate obligations.

Is this a tobacco weighperson bond?

No. This product concerns Louisiana tobacco tax security for wholesale dealers, rather than weighing services.

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