How Much Does a Sales Tax Bond Cost?

The cost of a sales tax bond will be determined by the:

• Bond amount you're required to purchase in your state
• The gross receipts from sales during the previous 12 months
• And likely the personal credit of the business owner or owners

This means the cost of a sales tax bond will be custom to you and your business, but you can expect the price to range from $100 to $500 in most circumstances. However we have helped clients with large bond amounts that cost over $3,000 and up.

What is a Sales Tax Bond?

A sales tax bond is typically required for alcohol, tobacco, and nicotine sales.

Click her if you're selling alcohol.

Click here if you're selling tobacco.

If you were to look deeper, different types of licensed bonds like auto dealer license bonds, cannabis license bonds, even some contractor license bonds in some states serve the purpose of sales tax bonds as well.

The businesses that obtain these licenses are also responsible for collecting sales tax and paying it back to the state.

And that purpose is to ensure the business owner pays the correct amount of sales tax back to the state.

While different states have different tax rates and rules based on things like:

• The type of alcohol or tobacco being sold
• Whether sales are occurring at a restaurant/bar, event, or country club
• The tax rates for that individual state

The bottom line is before you can get a liquor license or tobacco license to legally sell these goods in your state, you will be told to purchase a sales tax bond.

Common sales tax bonds we sell everyday are:

• Texas mixed beverage sales tax bond
• Georgia sales tax bond
• North Carolina Beer and Wine sales tax bond

How To Find Your Sales Tax Bond Price

To get the cost of your sales tax bond start by clicking on this link and then clicking on your state.

Once you're on your states page, you'll likely see a card that has the sales tax surety bond you need. From there you can request a price quote or if the bond amount is low enough you might be able to immediately purchase your bond for a low fixed price.

Click her if you're selling alcohol.

Click here if you're selling tobacco.

If you're unsure you have the right bond, give us a call at 1-800-608-9950 where you can speak with a real bond specialist to help you with your specific situation.