Security – Tobacco Tax
“Security” is a guarantee of repayment given to a creditor.
As a rule, we determine the value of security based on the amounts, if any, that a person is likely to collect in the six-month period following the date on which security is required. We can also determine the value based on the amounts, if any, that a person had to remit in the six-month period prior to the date on which security was required.