Form B-A-35 Tax Liability Bond Increase or Decrease Rider Tobacco Products Other Than Cigarettes - North Carolina

What Is Form B-A-35?

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

FAQ

Q: What is a Form B-A-35 Tax Liability Bond Increase or Decrease Rider?
A: Form B-A-35 is a document that allows taxpayers in North Carolina to increase or decrease the amount of their tax liability bond for tobacco productsother than cigarettes.

Q: What is a tax liability bond?
A: A tax liability bond is a financial guarantee that ensures payment of taxes owed to the state.

Q: Who needs to use a Form B-A-35 Tax Liability Bond Increase or Decrease Rider?
A: Taxpayers in North Carolina who sell tobacco products other than cigarettes and have a tax liability bond are required to use this form to adjust the bond amount.

Q: Why would someone need to increase or decrease their tax liability bond?
A: The bond amount may need to be adjusted if the taxpayer's sales of tobacco products other than cigarettes change, resulting in a higher or lower tax liability.