Liquor Tax Bonds guarantee that the seller of alcoholic beverages will paid the sales taxes collected to the government entity requiring the bond. Claims will arise if the seller doesn’t collect the tax or dishonestly alters the amount owed.
Financial guarantee bonds (which this is) are generally harder to place with Surety Companies. That being said, Liquor Tax Bonds are generally easy to place. There is a low claim volume associated with this bond in particular. Please give us a call and let us assist you on obtaining your Liquor Tax Bond.