CDA Cigarette Tax Bond Program
CDA’s Cigarette Tax Bond Program allows wholesalers to post bonds to purchase state and local excise tax stamps for cigarettes on credit. Without this credit, distributors would have to pay cash for the tax stamps before receiving payment from customers, presenting serious cash flow problems. The program provides more than $150 million in bonds to nearly 100 distributors. It is funded through the generous support of R.J. Reynolds Tobacco Co. and Liggett Vector Brands.
For more information contact Jessica Hoff at by phone at (763) 302-7191, via email at Jessica.Hoff@willis.com or visit www.willis.com.
CDA Insurance for Convenience Distributors
An insurance program tailored specifically for Convenience Distributors. It’s been tough for convenience distributors to find affordable property and liability insurance coverage in recent years. Despite their solid track record, distributors haven’t gotten the sort of rates and coverage they deserve. The CDA Insurance Program is available in all 50 states through William R. Seide Agency LLC.