Information on alcohol tax bonds
SuretyBonds.com is legally licensed to issue alcohol tax bonds nationwide. Whether you sell alcohol in Texas, New York, Wisconsin or elsewhere, we can bond you!
Alcohol tax bonds guarantee the taxes and fees required by state or local law for selling, producing and warehousing liquor and other alcoholic beverages are paid. Each alcohol tax bond issued out is a legal contract binding three entities together.
- The principal is the business or individual selling the liquor.
- The obligee is the government agency requiring the bond to confirm taxes are paid appropriately.
- The surety is the insurance underwriter agreeing to ensure the principal pays the required taxes.
The principal’s obligation with alcohol tax bonds is to pay all applicable alcohol taxes as they become due. If the principal fails to fulfill the bond’s terms, the obligee, which in this case is the government entity, can make claim on the bond to recover any unpaid taxes and/or fines.
Alcohol bonds are known by many different names, including:
- Alcohol beverage control bonds
- Brewer’s bonds
- Liquor bonds
- Liquor license bonds
- Malt beverage license bonds
- On-premise beer bonds
- Wine bonds
No matter the specific title used on the bond form, SuretyBonds.com can fulfill your bonding needs.
State specific costs
The Alcohol and Tobacco Tax and Trade Bureau (TTB) requires a federal bond for all brewers, distillers, etc. who owed $50,000 or more in excise taxes during the previous year. However, there are a number of states that require principals to submit a bond, which guarantees the payment of all taxes owed. For more information about alcohol tax bonds in your area, select your state below or call 1 (800) 308-4358 to speak with a surety expert.
- Connecticut
- Florida
- Georgia
- Idaho
- Illinois
- Indiana
- Iowa
- Kansas
- Massachusetts
- Michigan
- Minnesota
- Missouri
- Nebraska
- New Jersey
- New York
- North Carolina
- Oklahoma
- Oregon
- Pennsylvania
- Tennessee
- Texas
- Virginia
- West Virginia
- Wisconsin
What are the next steps?
Apply today to receive a free, no-obligation quote from us within one business day. Are you in a hurry? You can obtain your alcohol tax bond in its original form as early as tomorrow by choosing our overnight shipping option. As always, SuretyBonds.com strives to provide each client with a fast, easy and accurate bonding experience.