Surety Bonds for Alcohol Tax Bonds
What are Alcohol Tax Bonds?
Each state varies its requirements for an alcohol tax surety bond before issuing the necessary permits and licenses to sell alcohol in their state. As with any other surety bond, an alcohol tax bond is a legal contract between the principal (business or individual selling liquor) the obligee (government agency which requires the bond to ensure that taxes are paid) and the surety.
An alcohol tax bond is an agreement that the principal will pay all applicable alcohol taxes. If the principal is not able to do so, the government agency can make a claim to recover unpaid taxes and can also issue fines. An alcohol tax bond is also known as a brewer’s bond, liquor bond, liquor license bond, on-premise beer bond, wine bonds and many more. An alcohol tax bond may be required (depending on the state) of brewers, distillers and sellers of various alcoholic products. Contact us to determine what your particular state requires of you before you begin the licensing process.
What does an alcohol tax bond guarantee?
That all applicable alcohol taxes will be paid.
Does it go by any other names?
Yes, a brewer’s bond, liquor bond, liquor license bond, on-premise beer bond, wine bonds and several more.
Get an Alcohol Tax Bond today!
1) Fill out the form on our website – this takes 30 seconds of your time and we will get back to you with a quote in less than 24 hours (oftentimes within the hour).
2) Call us directly at 781-559-0568 – we are here to help!