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New Hampshire bonds

New Hampshire — Tobacco Tax Credit Bond

New Hampshire's CD-18 supports a wholesaler's request to buy tobacco-tax stamps on thirty-day credit. Prepare the financial statement, three credit references and Revenue's required security before applying; the bond alone does not open the account.

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

What this bond does

This is stamp-purchase credit security under RSA 78:10. It is not a general substitute for the wholesaler's tax certificate, Liquor Commission license or other-tobacco tax returns.

Who needs it
Licensed and certified wholesalers asking Revenue's Collections Division to approve a tax-stamp charge account. Retailer or sampler licensing alone does not establish eligibility for that account.
Who it protects
CD-18 binds principal and surety to the Commissioner of Revenue Administration and successors in office for payment for purchased stamps and indicia within thirty days. Current rule Rev 1004.03 additionally requires coverage of the outstanding balance, applicable interest, penalties and costs, including attorney's fees. This protects the state's credit exposure, not the wholesaler's stock or customer collections.

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.

Details for a New Hampshire stamp-credit request

Submit the written credit-account request to Collections with the latest financial statement prepared under generally accepted accounting principles, contact details for three credit references and completed CD-18. Current Rev 1008.07 identifies CD-18 for this purpose; the former numbering found in older guidance does not create a different bond.

Revenue's guidance requires security at least equal to the stamps' sale price. The operating rule also limits aggregate purchases charged to seventy-five percent of the bond amount. Plan for that credit limit rather than assuming the entire face amount is available to spend.

Keep the full required coverage in the accepted instrument. The model states the thirty-day stamp-payment condition; Rev 1004.03 also specifies interest, penalties and collection costs. Match Revenue's current instructions and the approved amount before issuing or using the account.

The currently selected CD-18 has an explicit one-year term from its entered starting date and principal/surety seal and attestation fields. Do not replace that term with the tax certificate's separate renewal cycle or invent an unprinted sixty-day cancellation provision.

Revenue's current guidance distinguishes the Department's tobacco-tax certificate from the Liquor Commission license required for manufacturers and wholesalers from July 1, 2025. Both state credentials and the separate credit-account approval matter; other-tobacco monthly reporting does not itself establish stamp credit.

Purchase Now opens Propeller's New Hampshire tax-credit application in a new tab. Match the certified wholesaler, accepted sum and one-year start date, then submit the issued security and credit documents to Revenue. Provider payment does not open the account, order stamps or replace either state credential.

Sources

Have these ready

  1. Legal wholesaler name, Revenue tobacco certificate and Liquor Commission license.
  2. Written stamp-credit request and most recent GAAP financial statement.
  3. Names, addresses and telephone numbers for three credit references.
  4. Revenue's required sum and expected aggregate charged purchases.
  5. CD-18's accepted one-year starting date, execution/attestation and filing instructions.

Questions about this bond

Can I charge purchases up to the full bond amount?

Rev 1004.03 limits aggregate charged purchases to seventy-five percent of the bond amount. Obtain Revenue's approved amount and actual credit limit before placing orders.

Does the bond cover only the face value of stamps?

The model conditions payment for stamps within thirty days. The current credit rule also requires coverage of applicable interest, penalties and costs, including attorney's fees. Use the accepted instrument and required full coverage.

Is the bond's term the same as my tax certificate?

The posted CD-18 specifies one year from its entered start date. The tax certificate and Liquor Commission license have separate requirements; do not transfer their renewal dates into the bond.

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