Form 59 Nebraska Cigarette Tax Bond - Nebraska

What Is Form 59?

This is a legal form that was released by the Nebraska Department of Revenue - a government authority operating within Nebraska. As of today, no separate filing guidelines for the form are provided by the issuing department.

FAQ

Q: What is a Form 59 Nebraska Cigarette Tax Bond?
A: The Form 59 Nebraska Cigarette Tax Bond is a type of surety bond that is required by the Nebraska Department of Revenue for any business engaged in the sale or distribution of cigarettes in the state of Nebraska.

Q: Why is a Form 59 Nebraska Cigarette Tax Bond required?
A: The bond is required to ensure that cigarette retailers comply with all relevant tax laws and regulations, as well as to protect the state and consumers from any financial harm or loss resulting from non-payment of cigarette taxes.

Q: Who needs to obtain a Form 59 Nebraska Cigarette Tax Bond?
A: Any business that sells or distributes cigarettes in the state of Nebraska must obtain this bond as part of their licensing process.

Q: How much does a Form 59 Nebraska Cigarette Tax Bond cost?
A: The cost of the bond will vary based on the creditworthiness of the applicant and the bond amount required by the Nebraska Department of Revenue. It is best to contact a surety bond provider for an accurate quote.

Q: How long does a Form 59 Nebraska Cigarette Tax Bond remain valid?
A: The bond typically remains valid for one year, and it must be renewed annually as long as the business continues to sell or distribute cigarettes in Nebraska.