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Alcohol Liquor Tax Bond

An Alcohol Liquor Tax bond is a type of financial guarantee surety bond. The bond is required at the state level. The bond provides a form of guarantee that the taxes due the state from the sale of alcoholic beverages will be paid. Each state specifies which specific types of businesses are required to post this type of bond. Typically, any business that serves alcoholic beverages on premises, or sells alcoholic beverages in a catering capacity, could be required to post a liquor tax bond.

Liquor tax bond amounts vary state by state as well. There is typically a minimum bond amount accompanied by method of calculating the bond amount based on the estimated tax liability for the business. The state agency requiring the bond be posted will usually provide the required bond amount as well.

Liquor Tax bond requests are typically simple and easy to process. At times, financial guarantee bonds may require financials as part of the underwriting process. Our agents will let you know what is necessary to gain the best quote and terms for your specific bond request. Quotes are typically provided the same day or within 24 hours.

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